MCQOPTIONS
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| 1. |
Simple interest on a sum of money for 4 years at 7 p.c.p.a is Rs. 3584/-. What would be the compound interest (compounded annually) on the same amount of money for 2 years at 4p.c.p.a? |
| A. | Rs. 1,162.32 |
| B. | Rs. 1,098.72 |
| C. | Rs. 992.38 |
| D. | Rs. 1,044.48 |
| Answer» E. | |