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Debentures of Rs. 5,00,000 carry 8% interest. Interest for one year is
ARs. 4,000
BRs. 80,000
CRs. 8,000
DRs. 40,000
Answer & Solution
Correct answer: D. Rs. 40,000
8 percent of Rs. 5,00,000 is Rs. 40,000.
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