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CMAT Exam 2023 Shift 1 Solved Paper

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Question : 12

Total: 100

The simple interest accrued on a sum of certain principal in 8 years at the rate of 13% per year is ₹6500. What would be the compound interest accrued on that principal at the rate of 8% per year in 2 years?

₹1040
₹1020
₹1060
₹1200

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