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Q:

There is 80% increase in an amount in 8 years at simple interest. What will be the compound interest on Rs. 15,000 after 3 years at the same rate of interest?

  • 1
    Rs. 4,565
  • 2
    Rs. 5,000
  • 3
    Rs. 4,550
  • 4
    Rs. 4,695
  • 5
    Rs. 4,965
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Answer : 5. "Rs. 4,965"

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