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Q: A sum amounts to `18,600 after 3 years and to `27,900 after 6 years, at a certain rate percent p.a., when the interest is compounded annually. The sum is :
  • A. 14,600 Rs.
  • B. 11,800 Rs.
  • C. 14,400 Rs.
  • D. 12,400 Rs.
Correct Answer: Option D -
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Explanations:

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