What is the compound interest (in Rs) on a sum of Rs.12000 for 2 years – McqOptions

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1.	What is the compound interest (in Rs) on a sum of Rs.12000 for 2 years at the rate of 5% per annum compounded annually?
A.	1250
B.	1200
C.	1230
D.	1300
Answer» D. 1300

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