Mathematics · Compound Interest
An amount becomes ₹4,084,101 at 20% per annum for 15 months, which is compounded quarterly. What was the principal?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹36,00,000
- 2₹40,00,000
- 3₹32,00,000✓
- 4₹44,00,000
Correct answer
₹32,00,000
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