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Indira Gandhi
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Recent Answer : :
The probability will be
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340
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but how?
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1
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₹1 today increases to (1+1/8) = 9/8 after 1year.
After 2 years it increases to 9/8 of 9/8 = (9/8)^2 =81/64 times.
Hence ₹64000 increase to 64000×81/64 =₹81000