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What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound interest?

Q: What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound interest?

P (1+4/(100)) )^2 = 1352 P ×26/25×26/25= 1352 P = 1250

A Rs.1200

B Rs.1225

C Rs.1250

D Rs.1300

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What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound interest?

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