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A. Rs. 8600
B. Rs. 8620
C. Rs. 8800
D. Rs. 8840
E. None of these

Explanation:

Amount = [8000 * (1 + 5/100)2]

= 8000 * 21/20 * 21/20
= Rs. 8820

Correct Answer: None of these

Last Updated: February 07, 2020