MCQOPTIONS
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| 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 | |