Imagine a question and stream-of-consciousness explanation for which this is the answer: (A)
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Question: If Rs.7500 are borrowed at C.I at the rate of 4% per annum, then after 2 years the amount to be paid is?
Options:
(A) 8112
(B) 8000
(C) 8500
(D) 7500
(E) 6500
Stream-of-consciousness: A = 7500(26/25)2 = 8112
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