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From the given statement, Conclusion I can be clearly inferred. The use of ‘may not’ makes this option particularly good as one cannot counter this argument. Conclusion II, on the other hand, is suspect. For all we know, Dhoni might have excelled in his field even had he not practiced hard. So, Conclusion II is not valid. Hence, the correct answer is (A).
If Rs. 5,000 is compounded at an annual interest rate of 8%, what will be the amount after 3 years?
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A person invests ₹20,000 in a scheme that offers 8% compound interest annually. How much will the investment grow to after 3 years?
Investing Rs. (4z + 400) at 20% p.a. compound interest for 3 years yields an interest of Rs. (5z - 800). Find the value of ‘z’.(Can calculate approx...
A sum of ₹ 2,400 compounded annually at a certain rate of compound interest in 2 years amounts to ₹ 2,904. What will be the simple interest (in ₹)...
A sum of ₹10000 is invested at compound interest for 2 years. If the interest rate is 5% per annum, what is the total amount after 2 years?
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What will be the amount payable on Maturity of ₹2,250 invested for three years 20% p.a. interest compounded yearly?
A Bank came up with an interesting investment plan under which it would offer 6% interest compounded half-yearly. Mr. 'X' deposited ₹ 80000 once at th...
What is the compound interest in a sum of 7500 for 12/5 years at 20% p.a., interest compounded yearly (nearest to an integer)?