MBA CDOE (USOL) Panjab University MBA Entrance Exam with MCQ Answers 2017

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35.

There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate ?

A: Rs. 3972
B: Rs. 3971
C: Rs. 3626
D: Rs. 3623

The answer is: A

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