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A sum of Rs.12000 will amount to Rs.x at...

A sum of Rs.12000 will amount to Rs.x at `12%` p.a after 2 years, when the interest is compounded 8-monthly. The value of x is (nearest to an integer)

A

15111

B

15083

C

15117

D

15053

Text Solution

Verified by Experts

The correct Answer is:
C
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