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A sum invested at 10% compound interest ...

A sum invested at 10% compound interest per annum becomes Rs. 19965 in 3 years. The same sum will become Rs. x in `2 2/5` years. If the interest is compounded annually in both the cases, then find the value of x.

A

18867

B

18768

C

18876

D

18855

Text Solution

Verified by Experts

The correct Answer is:
C
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