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Albert invested an amount of ₨ 8000 in a...

Albert invested an amount of ₨ 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c. p.a. How much amount will Albert get on maturity of the fixed deposit?

A

₨ 8820

B

₨ 8600

C

₨ 8620

D

none of these.

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UNITED BOOK HOUSE-Compound Interest and Uniform rate of Increase or Decrease -Exercise
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