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National Income Concepts

Quick practice

Question 1 of 4

Xyz has an annual income of rupees 10 lakh, he is having a car whose worth is rupees 600000 and he has bank balance for rupees 200000, his Bank Pays interest on bank balance at the rate of 3% per annum. So what will be the annual income of Xyz?

A

1800000

B

1806000

C

1000000

D

1006000

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