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The present value of a piece of land is ...

The present value of a piece of land is Rs. 2x. If the value of the land increases at the rate of `2r%` per annum, then after `2n` after years the value of the land will be

A

`Rs.x(1+r/100)^(n)`

B

`Rs. 2x(1+(2r)/50)^(2n)`

C

`Rs. 2x(1+r/50)^(2n)`

D

`Rs. 2x(1+r/100)^(2n)`

Text Solution

Verified by Experts

The correct Answer is:
C
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