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      Question

      A certain sum of money yields Rs. 8,334 as compound

      interest for 3 years at 15% per annum. Calculate the approximate compound interest on the same amount of sum for 4 years at 10 % per annum.
      A 9,500 Correct Answer Incorrect Answer
      B 8,425 Correct Answer Incorrect Answer
      C 7,500 Correct Answer Incorrect Answer
      D 7425 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

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