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What will be the compound interest on Rs...

What will be the compound interest on Rs 15,625 for 3 years at 8% per annum, if the interest in compounded annually?

A

Rs 4805

B

Rs 4508

C

Rs 4580

D

Rs 4058

Text Solution

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The correct Answer is:
D
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PEARSON IIT JEE FOUNDATION-SIMPLE INTEREST AND COMPOUND INTEREST -CONCEPT APPLICATION Level 1
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