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Compound interest received on a sum in ...

Compound interest received on a sum in year is ₹ 1200 (interest is compounded annually).If the rate of interest is 22.5% per annum, then what will be the interest in 6th year?

A

₹ 2470

B

₹ 3310

C

₹ 4200

D

₹ 2270

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The correct Answer is:
A
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