If the compound interest on a sum of Rs.5000 at the rate of 10% per annum is Rs.

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โœช Choose the correct option.

If the compound interest on a sum of Rs.5000 at the rate of 10% per annum is Rs.1050, then time period is (Interest compounded yearly):

A. 1 Years
B. 21/2 Years
C. 3 Years
D. 2 Years

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