PG entrance exam CUET PG 2025 Mock Test Quantitative Aptitude Interest Simple and Compound Both

Ankit owes Rs. 42,580 on his credit cards, but he could pay only Rs. 12,580. If the annual rate of compound interest is 10%, then how much will he owe after 4 years?

1
Rs. 42,580
2
Rs. 43,000
3
Rs. 43,923
4
Rs. 44,228
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