1.

The interest on Rs. 24, 000 in 2 years compounded annually when the rates are 8% p.a. and 10% p.a. for two successive years is∶

A. Rs. 3, 994
B. Rs. 4, 512
C. Rs. 5, 040
D. Rs. 5, 866
Answer» C. Rs. 5, 040


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