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SI on a sum for 2 years at 10% is Rs 1,200. What is the CI for the same period?

ARs 1,320
BRs 1,200
CRs 1,240
DRs 1,260
Answer & Solution
Correct answer: D. Rs 1,260
Sum is 6,000, and 6000 x 0.21 = 1,260.
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