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A sum of money becomes 4,840 in 2 years ...

A sum of money becomes 4,840 in 2 years and becomes ₹ 5,324 in 3 years on compound interest. Find the sum :

A

₹ 5,000

B

₹ 4,000

C

₹8,000

D

₹3,000

Text Solution

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The correct Answer is:
B
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