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    Question

    Find the compound interest on Rs.8,000 at 4% per annum

    for 2 years, compounded annually.
    A Rs.552.80 Correct Answer Incorrect Answer
    B Rs.652.80 Correct Answer Incorrect Answer
    C Rs.752.80 Correct Answer Incorrect Answer
    D Rs.452.80 Correct Answer Incorrect Answer

    Solution

    The correct answer is B

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