1) If the amount of loan is Rs. 5000 and the interest at the end of first year is Rs 250, then compound interest in the second year will be levied on _________.
(a) Rs. 5000
(b) Rs. 5250
(c) Rs. 5500
(d) Rs. 250
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If the amount of loan is Rs. 5000 and the interest at the end of first year is Rs 250, then compound interest in the second year will be levied on
Rs. 5250.
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