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A sum of Rs 10,000 is invested for 17 mo...

A sum of Rs 10,000 is invested for 17 months at 8% per annum compounded half yearly. What is the percentage gain at the end of 17 months, nearest to one decimal place?

A

`10%`

B

`11%`

C

`12%`

D

`9%`

Text Solution

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The correct Answer is:
B
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