1.

For an amount, simple interest at the rate of interest of 12% per annum for 6 years is Rs. 25920. What will be the compound interest (in Rs) on same amount at the rate of interest of 8% per annum compounding annually for 2 years?

A. 4326.3
B. 5563.4
C. 5888.6
D. 5990.4
Answer» E.


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