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Aptitude · Q179

Interest

Competitive Exams · Aptitude · question 179

Q179

A person deposited Rs. 15,600 in a fixed deposit at 10% per annum simple interest. After every second year he adds his interest earned to the principal. The interest at the end of 4 years is:

A.
Rs. 6,655
B.
Rs. 6,864
Answer
C.
Rs. 3,975
D.
Rs. 3,744

Answer: Option B

Solution

Answer: Option B
Solution: