Mathematics · Compound Interest
A sum of Rs. 1200 is invested at a compound interest rate of 10% per annum, compounded annually for 2 years. The interest earned would be:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 264
- 2Rs. 240
- 3Rs. 246
- 4Rs. 252✓
Correct answer
Rs. 252
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