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There is 100% increase to an amount in 8...

There is 100% increase to an amount in 8 years, at simple interest. Find the compound interest of Rs 8000 after 2 years at the same rate of interest.

A

Rs 2500

B

Rs 2000

C

Rs 2250

D

Rs 2125

Text Solution

Verified by Experts

The correct Answer is:
D
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