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An investor invested his saving in the s...

An investor invested his saving in the stock market. The value of his investments increased by 12% and 9% in the first year and the second year respectively. If the value of his investments after two years became Rs 97,664 then how much had he invested (in Rs)?

A

81000

B

75000

C

80000

D

72000

Text Solution

Verified by Experts

The correct Answer is:
C
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