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In 2 years at simple interest the princi...

In 2 years at simple interest the principal in creases by 8%. What will be the compound interest earned (in Rs) on Rs 10 lakhs in 2 years at the same rate?

A

`86000 `

B

`81600 `

C

`90000 `

D

`94000 `

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Verified by Experts

The correct Answer is:
B
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