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1. |
A certain sum amounts to Rs. 29282 in 4 years at 10% per annum, when the interest is compounded annually. What is the simple interest on the same sum for same time at the same rate? |
A. | Rs. 8,500 |
B. | Rs. 8,000 |
C. | Rs. 7,600 |
D. | Rs. 8,400 |
Answer» C. Rs. 7,600 | |