If compound interest received on a certain amount in the 2nd year is Rs. 1200, what will be the compound interest (in Rs.) for the 4th year on the same amount at 10% rate of interest?

If compound interest received on a certain amount in the 2nd year is R

1.	If compound interest received on a certain amount in the 2nd year is Rs. 1200, what will be the compound interest (in Rs.) for the 4th year on the same amount at 10% rate of interest?
A.	1452
B.	1320
C.	1552
D.	1420
Answer» B. 1320

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If compound interest received on a certain amount in the 2nd year is Rs. 1200, what will be the compound interest (in Rs.) for the 4th year on the same amount at 10% rate of interest?

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