Mathematics · Compound Interest
A sum invested at a certain rate of interest per annum, compounded annually, amounts to ₹3,600 in 2 years and to ₹6,480 in 4 years. What is the sum invested?
- 1₹3,600
- 2₹2,400
- 3₹2,000✓
- 4₹2,500
Correct answer
₹2,000
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