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Q. A principal of 10,000, after 2 years compounded annually, the rate of interest being 10% per annum during the first year and 12% per annum during the second year (in rupees) will amount to ?

  • (A) 12,000
  • (B) 12,320
  • (C) 12,500
  • (D) 11,320
  • Correct Answer - Option(B)
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