Find the compound interest on Rs. 20,000 at the rate of 40% compounded – McqOptions

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1.	Find the compound interest on Rs. 20,000 at the rate of 40% compounded yearly for 1.5 years?
A.	Rs. 4200
B.	Rs. 13600
C.	Rs. 5000
D.	Rs. 5400
Answer» C. Rs. 5000

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