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Q:

A person deposited ₹15,600 in a fixed deposit at 10% per annum simple interest. After every second year he adds his interest earned to the principal. The interest at the end of 4 years is:

  • 1
    ₹6,655
  • 2
    ₹3,744
  • 3
    ₹6,864
  • 4
    ₹3,975
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Answer : 3. "₹6,864"

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