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A sum of Rs x amounts to Rs 12,777.60 in...

A sum of Rs x amounts to Rs 12,777.60 in 2 years at 15% p.a., when the interest is compounded eight-monthly. The value of x is_______

A

Rs 9800

B

Rs 10400

C

Rs 9600

D

Rs 10200

Text Solution

Verified by Experts

The correct Answer is:
C
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