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The compound interest on a certain sum i...

The compound interest on a certain sum invested for 2 years at 10% per annum is Rs 1,522.50, the interest being compounded yearly. The sum is:

A

Rs. 7, 250

B

Rs. 7,200

C

Rs. 7,500

D

Rs. 7,000

Text Solution

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The correct Answer is:
A
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