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Q:

Shankar took a loan of Rs. 25,000 for purchasing a machine. How much amount will he repay after 1 year 6 months at annual rate of 12%, when interest is accumulated annually? 

  • 1
    Rs. 25,850
  • 2
    Rs. 27,680
  • 3
    Rs. 30,000
  • 4
    Rs. 29,680
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Answer : 4. "Rs. 29,680 "

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