If the compound interest on a sum of money for 3 years at the rate of – McqOptions

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1.	If the compound interest on a sum of money for 3 years at the rate of 5% per annum is 252.20, the simple interest on the same sum at the same rate and for the same time is
A.	220
B.	240
C.	245
D.	250
Answer» C. 245

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