Mathematics · Compound Interest
A sum becomes ₹9,746.8 in 2 years by investing it at compound interest (compounded annually). If the rate of interest is 18 percent per annum, what is the sum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹7,000✓
- 2₹8,700
- 3₹9,000
- 4₹7,500
Correct answer
₹7,000
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