The compound interest on a sum of Rs. 5000 at 8% per annum for 9 month – McqOptions

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1.	The compound interest on a sum of Rs. 5000 at 8% per annum for 9 months when interest is compound quarterly is :
A.	Rs. 300
B.	Rs. 300.12
C.	Rs. 306.04
D.	Rs. 308
Answer» D. Rs. 308

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