MCQOPTIONS
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| 1. |
The simple interest on a sum of money at 10% per annum for 2 years is Rs. 8,100. Compounded annually, what would be the compound interest (in Rs.) on the same sum for the same period at the same rate of interest? |
| A. | 8,100 |
| B. | 8,505 |
| C. | 8,715 |
| D. | 9,000 |
| Answer» C. 8,715 | |