ATQ, Amount received by Jeeva after 2 years = 30000 × (1.24)2 = Rs.46,128 So, interest earned by Jeeva after 2 years = 46,128 – 30,000 = Rs. 16,128 So, quantity of Tata stocks that Jeeva can buy is = 16,128 ÷ 4800 = 3.36 units
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