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A man invested Rs. 6500 at a compound interest rate of 10% per annum for 2 years in Scheme A. He then reinvested the amount received from Scheme A in ...

Banking RBI Grade B Prelims Medium Number System (including HCF LCM) MCQ

Question

A man invested Rs. 6500 at a compound interest rate of 10% per annum for 2 years in Scheme A. He then reinvested the amount received from Scheme A in the same scheme for another 2 years at the same rate. What is the approximate total interest earned by the man from the second investment?

Options

A.

Rs. 1552

B.

Rs. 1692

C.

Rs. 1652

D.

Rs. 1532

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