If the simple interest on a sum of money at 5% per annum for 3 years i – McqOptions

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1.	If the simple interest on a sum of money at 5% per annum for 3 years is Rs. 1200, find the compound interest on the same sum for the same period at the same rate.
A.	Rs.1251
B.	Rs.1261
C.	Rs.1271
D.	Rs,1281
Answer» C. Rs.1271

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