An amount is deposited at 8% p.a. compound interest. If the first year interest is Rs. 72, find the interest amount for the 2nd year.

An amount is deposited at 8% p.a. compound interest. If the first year

1.	An amount is deposited at 8% p.a. compound interest. If the first year interest is Rs. 72, find the interest amount for the 2nd year.
A.	Rs. 77.56
B.	Rs. 77.64
C.	Rs. 77.76
D.	Rs. 85.77
Answer» D. Rs. 85.77

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An amount is deposited at 8% p.a. compound interest. If the first year interest is Rs. 72, find the interest amount for the 2nd year.

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