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A certain sum amounts to Rs. 4,205.55 at 15% p.a. in $$2\frac{2}{5}$$ years, interest compounded yearly. The sum is:

A. Rs. 2,700

B. Rs. 3,000

C. Rs. 3,500

D. Rs. 3,200

Answer: Option B


This Question Belongs to Arithmetic Ability >> Compound Interest

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