campus placement eLitmus Test Series Quantitative Aptitude Interest Compound Interest

The price of a plot is Rs. 7500. If the increment per year is 20% of the price at the beginning of each year, then the price of plot after 2 year will be –

1
Rs. 11341
2
Rs. 10800
3
Rs. 10200
4
Rs. 13000.25
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