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There is 60% increase in an amount in 6 ...

There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest on ₹ 12,000 after 3 years at the same rate of interest?

A

Rs 2160

B

Rs 3972

C

Rs 3120

D

Rs 6240

Text Solution

Verified by Experts

The correct Answer is:
B
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