Mathematics · Compound Interest
A sum of Rs. 18,000 becomes Rs. 21,780 after 2 years on compound interest compounded annually. What will be the compound interest (in Rs.) on the same sum for the same period if the rate of interest increases by 5%?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 14,670
- 25,805✓
- 35,500
- 41,845
Correct answer
5,805
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