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1. The compound interest (in taka) on Tk.200 at 10% in 3 years is approximetely:
- A. 60
- B. 60
- C. 60
- D. 60
Answer: Option D
Explanation:
Compound interest = C - P = P(1 + r)n - P
= 200 x (1 + 0.1)3 - 200
= 66.2 TK (Ans)
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