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A man borrows Rs.12,500 at 20% compound interest. At the end of every year he pays Rs.2000 as part repayment. How much does he still owe after three such instalments? | |
A. | 12000 [Wrong Answer] |
B. | 12864 [Wrong Answer] |
C. | 15600 [Wrong Answer] |
D. | None of the above [Correct Answer] |