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If the simpe interest on a sum of money ...

If the simpe interest on a sum of money at 5% per annum for 3 years is Rs 1200 then the compound interest on the same sum for the same period at the same rate will be

A

Rs 1225

B

Rs 1236

C

Rs 1248

D

Rs 1261

Text Solution

Verified by Experts

The correct Answer is:
D
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