Mathematics · Compound Interest
A certain sum amounts to Rs. 7,200 in 2 years at 6% per annum compound interest, compounded annually. Find the sum (in Rs., to the nearest integer).
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 6,507
- 2Rs. 6,408✓
- 3Rs. 6,449
- 4Rs. 6,400
Correct answer
Rs. 6,408
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