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Somdev kumar

· started a discussion

· 1 Months ago

CI should not be added

Question:
A certain sum of money is invested for 3 years. If the rate of interest is 12.5%, 10% and 25% per annum compounded annually respectively and the total compound interest in 3 years is Rs.1750. Find the principal.
Options:
A) 3200
B) 3265
C) 3400
D) 3465
Solution:
Ans: (a)


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