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Interest

Arithmetics · 20 questions

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Q1Easy
At a certain simple rate of interest, a fixed deposit grows to ₹11,200 in 4 years and to ₹13,600 in 7 years. If the same sum had been invested for 2 years at the same annual rate but with interest compounded every 6 months, then the total interest earned, in rupees, would have been nearest to: