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₹ 100000 was invested by Mohan in a fixe...

₹ 100000 was invested by Mohan in a fixed deposit @ `10%` per annum at CI. However every year he has to pay `20%` tax on the compound interest. How much money does Mohan has after 3 years?

A

128414

B

108000

C

126079.2

D

none of these

Text Solution

Verified by Experts

The correct Answer is:
D
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