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8th Class Mathematics Sample Paper Maths Olympiad Model Test Paper-20

  • question_answer
    John borrowed a sum of Rs. 15625 from Donald at the rate of 16% per annum under simple interest. Immediately John gave this money to Bush at the same rate under compound interest, compounded quarterly. Find the profit of John in doing so after 9 months.

    A)  Rs. 38             

    B)  Rs. 76

    C)  Rs. 57             

    D)  Rs. 95

    E)  None of these

    Correct Answer: B

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