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Verbal Reasoning
Computer Science
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Simple Interest
For an amount, simple interest at the rate of interest of 12% per annum for 6 years is Rs 25920. What will be the compound interest (in Rs) on same amount at the rate of interest of 8% per annum compounding annually for 2 years?
4326.3
5563.4
5888.6
5990.4
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Correct Answer:
5990.4
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