A sum of Rs. 6000 is borrowed at compound interest at the rate of 8% per annum. What will be the amount (in Rs) after 2 years?

A sum of Rs. 6000 is borrowed at compound interest at the rate of 8% p

1.	A sum of Rs. 6000 is borrowed at compound interest at the rate of 8% per annum. What will be the amount (in Rs) after 2 years?
A.	6998.4
B.	6960
C.	6784.4
D.	6869.4
Answer» B. 6960

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A sum of Rs. 6000 is borrowed at compound interest at the rate of 8% per annum. What will be the amount (in Rs) after 2 years?

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