The compound interest on Rs. 30000 at 7% per annum for a certain time is Rs. 434

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The compound interest on Rs. 30000 at 7% per annum for a certain time is Rs. 4347. The times is = ?

Options:

A . 3 years

B . 4 years

C . 2 years

D . 2.5 years

Answer: Option C

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