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A sum of Rs 12,000 deposited at compo...

A sum of Rs 12,000 deposited at compound interest becomes double after 5 years. After 20 years, it will become: (a) Rs 96000 (b) Rs 1,20,000 (c) Rs 1,24,000 (d) Rs 1,92,000

A

120000

B

192000

C

124000

D

96000

Text Solution

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The correct Answer is:
B
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