A sum of Rs. 12,000 amounts to Rs. 20,736 in 3 years at a certain rate percent per annum interest compounded annually. What will amount of the same sum to in 2 years at the same rate on compound interest?
A. Rs. 15,640
B. Rs. 17,820
C. Rs. 17,280
D. Rs. 14,520
Answer: Option C
This Question Belongs to Arithmetic Ability >> Compound Interest
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