Mathematics · Compound Interest
A sum of money is invested at 20% per annum compounding annually for 2 years. If the compound interest received is Rs. 2,508, find the principal amount.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 5,900
- 2Rs. 5,700✓
- 3Rs. 5,500
- 4Rs. 5,300
Correct answer
Rs. 5,700
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