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A sum of money becomes Rs. 11,880 after 4 years and Rs. 17,820 after 6 years on compound interest, if the interest is compounded annually. What is the half of the sum (in Rs.)?

A. 2,410

B. 2,640

C. 2,530

D. 2,750

Answer: Option B


This Question Belongs to Arithmetic Ability >> Compound Interest

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