Mathematics · Compound Interest
A woman invests ₹20,000 at compound interest of 5% p.a. compounded annually. What will be the amount after 2 years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹22,100
- 2₹21,950
- 3₹22,000
- 4₹22,050✓
Correct answer
₹22,050
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