MBA CDOE (USOL) Panjab University MBA Entrance Exam with MCQ Answers 2014

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48.

A sum of Rs. 600 amounts to Rs, 720 in 4 years. What will it amount to if the rate of interest (simple interest) is increased by 2% ?

A: Rs. 678
B: Rs. 876
C: Rs, 768
D: None of these

The answer is: C

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