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In how many years will a sum of ₹ 320 am...

In how many years will a sum of ₹ 320 amount to ₹ 405 if interest is compounded at 12.5% per annum?

A

`2""1/2` years

B

2 years

C

1 year

D

`1""1/2` years

Text Solution

Verified by Experts

The correct Answer is:
B
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