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Shivam invested Rs 3 lac in a scheme whi...

Shivam invested Rs 3 lac in a scheme which is providing interest rate of r% per annum at Cl and this scheme-doubles the sum invested in `(72)/(r)` years which is two times of rate of interest provided by the scheme. Find the total amount received by Shivam at the end of 48 years (in lac)?

A

A)45

B

B)50

C

C)64

D

D)48

Text Solution

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The correct Answer is:
D
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