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Question

Rahul invested a certain amount at a simple interest rate of 8% per annum, and after 6 years, it grew to Rs. 1,850. If he had instead invested the same sum at a compound interest rate of 20% per annum for 2 years, what would be the total amount he would have after those 2 years?

A Rs.1,850

B Rs.1,500

C Rs.2500

D Rs.1,800

E none of these

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