Mathematics · Compound Interest
A sum of Rs. 8,000 is lent at 5% per annum compound interest for 2 years. Find the compound interest earned.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 400
- 2Rs. 420
- 3Rs. 820✓
- 4Rs. 840
Correct answer
Rs. 820
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