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For an amount, simple interest at the rate of interest of 12% per annum for 6 years is Rs 25920. What will be the compound interest (in Rs) on same amount at the rate of interest of 8% per annum compounding annually for 2 years?
A) 4326.3
B) 5563.4
C) 5888.6
D) 5990.4
Explanation:
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