Mathematics · Compound Interest
Akshat deposited a sum of ₹53,625 at 20% interest per annum, compounded annually. What is the total amount received by Akshat after 2 years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹78,400
- 2₹77,220✓
- 3₹76,500
- 4₹75,220
Correct answer
₹77,220
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