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Question

What is the compound interest earned at the end of 3 years?
I. Simple interest earned on that amount at the same rate and for the same period is Rs. 4500.
II. The rate of interest is 10 p.c.p.a.
III. Compound interest for 3 years is more than the simple interest for that period by Rs. 465.
Options:
A .  I and II only
B .  II and III only
C .  I and III only
D .  I and Either II or III only
Answer: Option D

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