Mathematics · Compound Interest
A principal becomes ₹ 19,683 in 3 years at 8% per annum compound interest, compounding annually. What is the principal?
- 1₹ 16,825
- 2₹ 14,825
- 3₹ 15,625✓
- 4₹ 13,526
Correct answer
₹ 15,625
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