Mathematics · Compound Interest
A sum of ₹50,000 is borrowed at a 10% annual interest rate, compounded annually. What will be the compound interest payable after 4 years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹23,235
- 2₹23,245
- 3₹23,205✓
- 4₹23,225
Correct answer
₹23,205
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