Q. There is 40% increase in an amount in 8 years at simple interest. What will be the compound interest (in rupees) of Rs 30000 after 2 years at the same rate ?

  • (A) 6150
  • (B) 7687.5
  • (C) 4612.5
  • (D) 3075
βœ… Correct Answer: (D) 3075

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