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What will be the maturity value, if Rs. ...

What will be the maturity value, if Rs. 13,500 is deposited at a simple rate of interest of 12.5% for two years?
A. Rs. 15,187.50
B. Rs. 16,875.00
C. Rs. 16,875.50
D. Rs. 16,785.00

A

A

B

C

C

B

D

D

Text Solution

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The correct Answer is:
C
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