Mathematics · Interest
What is the compound interest (in Rs.) at the rate of 10% per annum, compounded annually, for 3 years on a principal which in 8 years at the rate of 12% per annum gives Rs. 4,800 as simple interest?
- 12,045
- 21,455
- 31,505
- 41,655✓
Correct answer
1,655
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