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Rs. 8000 invested at compound interest, ...

Rs. 8000 invested at compound interest, gives Rs. 1261 as interest after 3 years. The rate of interest per annum is:

A

0.25

B

0.175

C

0.1

D

0.05

Text Solution

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The correct Answer is:
D
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S CHAND IIT JEE FOUNDATION-COMPOUND INTEREST -Question Bank - 19 (a)
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