Q: Rahul invested a certain sum for two years at 60% p.a. compound interest compounded annually. If at the end of two years he received interest of रु 11,700, then how much did he initially invest?
A.
रु 8,000
B.
रु 7,250
C.
रु 7,750
D.
रु 7,500
Correct Answer:
Option D -
Explanations:
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