Rahul plans to buy a scooter for his sister for which he saves Rs. 156 – McqOptions

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1.	Rahul plans to buy a scooter for his sister for which he saves Rs. 15625 at the start of every year for 3 year. If the rate of CI is 4% pa. then amount at which he plans to buy the scooter is (in Rs.)
A.	75489
B.	42751
C.	50726
D.	48563
Answer» D. 48563

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