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Mining Engineering · Q12

Mine Economics

Engineering and GATE · Mining Engineering · question 12

Q12

An investment of Rs. 10,000, compounded annually, is estimated to return Rs. 20,000 after 6 years from the date of investment. The expected rate of return on this investment in percentage is

A.
8.75
B.
10.50
C.
12.25
Answer
D.
16.6

Answer: Option C

Solution

Answer: Option C
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