There is 80% increase in amount in 5 years at simple interest. What wi – McqOptions

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1.	There is 80% increase in amount in 5 years at simple interest. What will be the compound interest of Rs. 20,000 after 3 years at the same rate?
A.	Rs.1000
B.	Rs.11217.92
C.	Rs.11717.20
D.	Rs.13217.92
Answer» C. Rs.11717.20

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