Mathematics · Compound Interest
A sum amounts to Rs. 16,464 at the rate of 40% per annum on compound interest (compounded annually) after three years. What is the sum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 7,000
- 2Rs. 6,000✓
- 3Rs. 6,500
- 4Rs. 6,700
Correct answer
Rs. 6,000
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