Mathematics
Medium
Question
The simple interest on Rs.12000 at a certain rate of interest in five years is Rs.7200. Find the compound interest on the same amount for five years at the same rate of interest.
A
Rs.3502.80
B
Rs.3052.40
C
Rs.3054.8
D
Rs.3052.80
✓ Official correct answer
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A
Rs.3502.80
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B
Rs.3052.40
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C
Rs.3054.8
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D
Rs.3052.80
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