What will be the maturity value, if Rs. 13500 is deposited at a simple – McqOptions

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1.	What will be the maturity value, if Rs. 13500 is deposited at a simple rate of interest of 12.5% for two years?
A.	Rs. 15187.50
B.	Rs. 16875.00
C.	Rs. 16805.50
D.	Rs. 16785.00
Answer» C. Rs. 16805.50

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