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At the end of three years what will be the compound interest at the rate of 10% p.

Question 1:

At the end of three years what will be the compound interest at the rate of 10% p.a. on an amount of Rs.20000?

A. Rs.6620

Feedback A = 20000(11/10)³
= 26620 - 20000 = 6620

B. Rs.6500

C. Rs.6800

D. Rs.6400

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