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    Question

    If the interest is compounded yearly, find the compound

    interest on the sum ₹ 30,000 at the rate of 4% per annum for 3 years.
    A ₹3856.25 Correct Answer Incorrect Answer
    B ₹4525.55 Correct Answer Incorrect Answer
    C ₹3745.92 Correct Answer Incorrect Answer
    D ₹3525.88 Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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