If the interest of a certain sum for the first year at 8% p.a. compoun – McqOptions

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1.	If the interest of a certain sum for the first year at 8% p.a. compound interest is Rs. 48. What will be the interest for the second years ?
A.	Rs. 52.55
B.	Rs. 51.84
C.	Rs. 58.60
D.	Rs. 53.04
Answer» C. Rs. 58.60

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