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      Question

      What sum of money at 120% compound interest per annum

      amounts to Rs.376.32 in 2 years?
      A 280 Rs Correct Answer Incorrect Answer
      B 260 Rs Correct Answer Incorrect Answer
      C 320 Rs Correct Answer Incorrect Answer
      D 300 Rs Correct Answer Incorrect Answer

      Solution

      If the principal is Rs. P then r = 12% t = 2 years

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