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The time required for Rs 1,000 to amoun...

The time required for Rs 1,000 to amount to 1,331 at interest of 10% per annum, compounded annually, is

A

2 years

B

2 years, 6 months

C

3 years

D

3 years, 6 months

Text Solution

Verified by Experts

The correct Answer is:
C
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