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Arvind and Govind each invested ₹ 15000 ...

Arvind and Govind each invested ₹ 15000 for 3 years at the same rate of interest but Arvind investment is compounded annually while Govind investment is charged on simple interest. What amount did .Arvind receive more than Govind?

A

Rs. 680

B

Rs. 3450

C

6352.5

D

5678.5

Text Solution

Verified by Experts

The correct Answer is:
C
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