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Rs 6,000 becomes Rs, 7,200 in 4 years at...

Rs 6,000 becomes Rs, 7,200 in 4 years at a certain rate of simple interset. If the rate becomes 1.5 times of itself, the amount of the same principal in 5 years will be

A

Rs 8000

B

Rs 8250

C

Rs 9250

D

Rs 9000

Text Solution

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The correct Answer is:
B
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