Mathematics · Simple and Compound Interest
A sum of ₹12,000 amounts to ₹20,736 in 3 years at a certain rate per cent per annum interest compounded annually. What will be the amount (in ₹) of the same sum in 4 years at the same rate on compound interest?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 124,883.20✓
- 228,483.20
- 328,843.20
- 423,488.20
Correct answer
24,883.20
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