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Banking Quantitative Aptitude Simple Interest Question Bank Simple Interest and Compound Interest

  • question_answer
    The compound interest accrued on an amount at the end of two years at the rate of 12% per annum is Rs. 2862. What is the amount?

    A) Rs. 11250

    B) Rs. 1220

    C) Rs. 13500

    D) Rs. 10000

    E) None of these

    Correct Answer: A

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