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Murthy makes a fixed deposit of Rs 20000 with a bank for 100 days .If the rate of interest is 5% then find the amount he will receive on maturity of his fixed deposit
A. Rs 20273.97
B. Rs 21273.97
C. Rs 22273.97
D. Rs 23273.97

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Best answer
Correct Answer - a
Find the interest paid by the bank

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