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Compound Interest
There is 40% increase in an amount in 5 years at simple interest. What will be the compound interest of Rs. 25000 after 3 years at the same rate?
Rs 6492.8
Rs 12985.6
Rs 16232
Rs 9739.2
Correct Answer:
Rs 6492.8
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Compound Interest
There is 40% increase in an amount in 8 years at simple interest. What will be the compound interest of Rs. 36000 after 2 years at the same rate?
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