If in 2 years at simple interest the principal increases by 18%, what will be the compound interest (in Rs) earned on Rs. 7000 in 3 years at the same rate?

If in 2 years at simple interest the principal increases by 18%, what

1.	If in 2 years at simple interest the principal increases by 18%, what will be the compound interest (in Rs) earned on Rs. 7000 in 3 years at the same rate?
A.	1865.2
B.	2065.2
C.	1965.2
D.	1765.2
Answer» C. 1965.2

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If in 2 years at simple interest the principal increases by 18%, what will be the compound interest (in Rs) earned on Rs. 7000 in 3 years at the same rate?

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