Mathematics · Compound Interest
A sum of ₹5,000 was deposited for 3 years at 10% per annum, compounded annually. The difference between the compound interest accrued for 2 years and that for 3 years is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹560
- 2₹506
- 3₹650
- 4₹605✓
Correct answer
₹605
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