An amount of Rs. 35000 is invested in a scheme of compound interest. If rate of interest is 20% per annum, then what will be the amount (in Rs.) obtained after 2 years?

An amount of Rs. 35000 is invested in a scheme of compound interest. I

1.	An amount of Rs. 35000 is invested in a scheme of compound interest. If rate of interest is 20% per annum, then what will be the amount (in Rs.) obtained after 2 years?
A.	56200
B.	50400
C.	48600
D.	42500
Answer» C. 48600

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An amount of Rs. 35000 is invested in a scheme of compound interest. If rate of interest is 20% per annum, then what will be the amount (in Rs.) obtained after 2 years?

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