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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 -
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Explanations:

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