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If in 3 years at simple interest the pri...

If in 3 years at simple interest the principal increases by 15%. What will be the approximate compound interest earned (in Rs lakhs) on Rs 15 lakhs in 3 years at the same rate?

A

`7.81`

B

`2.87`

C

`2.36`

D

`3.38`

Text Solution

Verified by Experts

The correct Answer is:
C
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