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Question

Santosh invested Rs.9000 in a scheme for 6 years which is offering 15% simple interest. The amount received after 6 years from scheme B has been invested in another scheme offering 20% compound interest for one and half years, compounded half yearly. What will be the amount (approx.) received to Santosh after seven and half years?

A Rs. 21670

B Rs. 22760

C Rs. 26740

D Rs. 22670

E Rs. 22560

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