An investor invested Rs. 5 lakhs in Company Q in 1996. After one year, – McqOptions

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1.	An investor invested Rs. 5 lakhs in Company Q in 1996. After one year, the entire amount along with the interest was transferred as investment to Company P in 1997 for one year. What amount will be received from Company P, by the investor?
A.	Rs. 5,94,550
B.	Rs. 5,80,425
C.	Rs. 5,77,800
D.	Rs. 5,77,500
Answer» C. Rs. 5,77,800

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