MCQOPTIONS
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| 1. |
How much money invested at compound interest will yield Rs. 6350.40 at the end of 3 years? For the first year the rate of interest is 5%; for second year it increases to 12% and for third year it decreases to 8%. |
| A. | Rs. 5800 |
| B. | Rs. 5500 |
| C. | Rs. 6000 |
| D. | Rs. 5000 |
| Answer» E. | |