Mathematics · Compound Interest
A certain amount invested at compound interest of 12% per annum, compounded annually, amounts to ₹3,136 in 2 years. What is 140% of the initial amount invested?
- 1₹3,000
- 2₹3,500✓
- 3₹3,800
- 4₹3,600
Correct answer
₹3,500
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