MCQOPTIONS
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MCQOPTIONS
| 1. |
The simple interest on a sum of money at 10% per annum for 2 years is Rs. 8,100. What would be the compound interest (in Rs.) on the same sum for the same period at 15% p. a., when the interest is compounded yearly? (nearest to Rs. 1) |
| A. | 13,061 |
| B. | 8,100 |
| C. | 14,671 |
| D. | 12,751 |
| Answer» B. 8,100 | |