Aman has taken a loan of ₹50,000 from a bank at the rate o

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Aman has taken a loan of ₹50,000 from a bank at the rate of 8% to be compounded annually. How much does he have to pay after 3 years? (Nearest to a ₹)

[SSC CHSL 2nd June 2022 Shift-3 With Answers]

A

₹62,517

B

₹62,871

C

₹62,986

D

₹62,000

EXPLANATION

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