Mathematics · Compound Interest
A principal amount becomes ₹441 in 2 years at the rate of 5% per annum compound interest, compounding annually. What is the principal?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹405
- 2₹400✓
- 3₹350
- 4₹300
Correct answer
₹400
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