Mrs. Puran Devi donated 1,00,000 to a trust
on the condition that interest earned will be used
for awarding 3 scholarships of equal value every
year. If donation earns 12% per annum, find the
value of each scholarship
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Mrs. Puran Devi donated 1,00,000 to a trust
on the condition that interest earned will be used
for awarding 3 scholarships of equal value every
year. If donation earns 12% per annum, find the
value of each scholarship
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