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Q:

The simple interest on Rs. 12000 at a certain rate of interest in five years is Rs. 7200. Find the compound interest on the same amount for five years at the same rate of interest.

  • 1
    Rs. 3502.80
  • 2
    Rs. 3052.40
  • 3
    Rs. 3054.80
  • 4
    Rs. 3052.80
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Answer : 4. "Rs. 3052.80"

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