Q. A sum of Rs 8000 is borrowed at compound interest at the rate of 7% per annum. What will be the amount (in Rs) after 2 years?
A) 13600
B) 1154.4
C) 9428.6
D) 9159.2
✔ Correct Answer: 9159.2
Exam Insight
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A) 13600
B) 1154.4
C) 9428.6
D) 9159.2
✔ Correct Answer: 9159.2
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