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740

Q:

What is the compound interest on Rs. 48,000 for 2 years at 20% p.a., if interest is compounded annually?

  • 1
    Rs. 69,120
  • 2
    Rs. 21,120
  • 3
    Rs. 76,800
  • 4
    Rs. 72,000
  • Show Answer
  • Workspace

Answer : 2. "Rs. 21,120"

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