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Aptitude
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Verbal Reasoning
Computer Science
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Compound Interest
Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit
Rs.8820
Rs.8620
Rs.8520
Rs.8320
Show Answer
Correct Answer:
Rs.8820
Explanation:
Amount =
R
s
.
8000
*
1
+
5
100
2
=Rs.8820
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