There is 40% increase in an amount in 5 years at simple interest. What – McqOptions

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1.	There is 40% increase in an amount in 5 years at simple interest. What will be the compound interest of Rs. 25000 after 3 years at the same rate?
A.	Rs 6492.8
B.	Rs 12985.6
C.	Rs 16232
D.	Rs 9739.2
Answer» B. Rs 12985.6

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