Raman bought a bike for rs 57,500. If he sold it at a loss of 5%, then find the selling price of the bike.

Find the amount to be paid at the end of $3$ years:

$\mathrm{P}=₹ 15,000 \text{at} 10.5\%\mathrm{p}.\mathrm{a}$

Find the amount to be paid at the end of $3$ years:

$\mathrm{P}=₹ 18,500 \text{at} 8.5\%\mathrm{p}.\mathrm{a}$