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    Question

    A certain sum of money yields Rs. 8,334 as compound

    interest for 3 years at 15% per annum. Calculate the approximate compound interest on the same amount of sum for 4 years at 10 % per annum.
    A 9,500 Correct Answer Incorrect Answer
    B 8,425 Correct Answer Incorrect Answer
    C 7,500 Correct Answer Incorrect Answer
    D 7425 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

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