Q: A sum of 1000 is invested on compound interest (compounding annually) for 3 years. If the rate of interest is 10% per annum for the first two years and 50% per annum for the third year, then what will be the interest?
A.
`612
B.
`655
C.
`815
D.
`756
Correct Answer:
Option C -
Explanations:
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