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A sum of money amounts to ₹9261 in 3 years at 5% per annum compound interest. The sum (in ₹) is:

Competition practiceRatio, Percentage & Commercial Math
  • A8400
  • B8820
  • C8000
  • D7500

Step-by-Step Solution

→ → = ₹8000. (8000 → 8400 → 8820 → 9261.)
Answer: C) 8000

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