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Quantitative Aptitude

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Simple Interest & Compound Interest

Question
11 out of 30
 

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?



A Rs. 8600
B . Rs. 8620
C Rs. 8820
D None of these
E None of these

Ans. C

Simple Interest & Compound Interest Flashcard List

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