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Quantitative Aptitude :: Compound Interest - Discussion

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Anil invests an amount for 2 years at the rate of 15% per annum at simple interest.Had he invested in a scheme in which interest was compounded yearly he would have got Rs.450 more. Find the principal:

ARs.8,000

BRs.15,000

CRs.20,000

DRs.10,000

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