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Find compound interest on Rs. 7500 at 4%...

Find compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually.

A

A. 720

B

B. 612

C

C. 830

D

D. 960

Text Solution

Verified by Experts

The correct Answer is:
C

Speed of vehicle A on day 1 =52 km/hr
Speed of vehicle C on day 1=63 km/hr
Difference =63-52=11km/hr
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