Mathematics · Compound Interest
A sum becomes Rs. 7,436 in two years when interest is compounded annually at the rate of 4% per annum. What was the original sum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 6,875✓
- 2Rs. 6,575
- 3Rs. 6,275
- 4Rs. 7,075
Correct answer
Rs. 6,875
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