What is the compound interest (in Rs.) on Rs. 2400 at the rate of 20% – McqOptions

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1.	What is the compound interest (in Rs.) on Rs. 2400 at the rate of 20% per annum compounded yearly for 2 years?
A.	960
B.	1024
C.	1056
D.	1120
Answer» D. 1120

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