A) 650
B) 680
C) 600
D) 662
Correct Answer: D
Solution :
[d] Equivalent % interest for compound rate of interest of 8% for 2 years \[=8+8+\frac{8\times 8}{100}=16.64%\] So, interest = 16.64% of 3980 \[\approx \] 662You need to login to perform this action.
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