Mathematics · Compound Interest
A sum amounts to Rs. 3790 at 20% per annum in 2 years, compounded annually. Find the sum (rounded to nearest paise).
- 1Rs. 2642.50
- 2Rs. 2631.94✓
- 3Rs. 2580.00
- 4Rs. 2710.25
Correct answer
Rs. 2631.94
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