Mathematics · Compound Interest
A sum becomes Rs. 4630.50 in 3 years at the rate of 5% per annum compound interest compounded annually. Find the sum.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 7000
- 2Rs. 4000✓
- 3Rs. 5000
- 4Rs. 6000
Correct answer
Rs. 4000
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