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The simple interest on a sum of money will be Rs. 2940 after 12 years. If the principal is increased five times after six years, what will be the total interest after 12 years ?
- ARs. 8820
- BRs. 8920
- CRs. 9120
- DRs. 9520
Correct answer: A
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CCommunity
Rs. 8820
Interest rate r = (2940 x 100/P x 12)%
Interest rate r = (2940 x 100/P x 12)%