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Q. An amount is invested in a bank at compound rate of interest. The total amount, including interest, after first and third year is RS. 1200 and RS.1587, respectively. What is the rate of interest ?

  • (A) 10%
  • (B) 3.9%
  • (C) 12%
  • (D) 15%
  • Correct Answer - Option(D)
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