A sum of Rs. 12,000, deposited at compound interest becomes double aft – McqOptions

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1.	A sum of Rs. 12,000, deposited at compound interest becomes double after 5 years. How much will it be after 20 years?
A.	Rs.1,50,000
B.	Rs.1,92,000
C.	Rs.1,44,000
D.	Rs.1,20,000
Answer» B. Rs.1,92,000

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