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A sum of Rs2400 becomes Rs3600 in 6 year...

A sum of Rs2400 becomes Rs3600 in 6 years at a certain rate of compound interest (compounded annually), What will be the amount after 12 years at the same rate of interest?

A

Rs. 4800

B

Rs. 4500

C

Rs. 5400

D

Rs.6000

Text Solution

Verified by Experts

The correct Answer is:
C
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