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    Rs. 7205 are invested in a scheme of compound interest (compounding annually). If the rate of interest is 20% per annum, then what is the interest ear
    Question

    Rs. 7205 are invested in a scheme of compound interest (compounding annually). If the rate of interest is 20% per annum, then what is the interest earned (in Rs. ) in one year?

    A.

    Rs. 1544

    B.

    Rs. 1540

    C.

    Rs. 1422

    D.

    Rs. 1441

    Correct option is D

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