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Mrs. rathore Rs. 10000 at 5% per annum c...

Mrs. rathore Rs. 10000 at 5% per annum compound interest. The compound interest compounded annually for 2 years is :

A

1.Rs. 1030.4

B

2.Rs. 1300.4

C

3.Rs. 1025

D

4.Rs. 1030

Text Solution

Verified by Experts

The correct Answer is:
A
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