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Q:

The compound interest on Rs. 8,000 at 15% per annum for 2 years 4 months, compounded annually is:

  • 1
    Rs. 2980
  • 2
    Rs. 3091
  • 3
    Rs. 3109
  • 4
    Rs. 3100
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Answer : 3. "Rs. 3109 "

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