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Aptitude · Q46

Compound Interest

Competitive Exams · Aptitude · question 46

Q46

The simple interest on a sum of money at 4% per annum for 2 years is Rs 80. The compound interest on the same sum for the same period is = ?

A.
Rs. 82.60
B.
Rs. 82.20
C.
Rs. 81.80
D.
Rs. 81.60
Answer

Answer: Option D

Solution

Answer: Option D
Solution: