Mathematics · Interest
An amount increases by 80% in 8 years at simple interest. What will be the compound interest amount received for ₹6,000 after 2 years at the same rate, compounded annually?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹7,260✓
- 2₹7,620
- 3₹6,980
- 4₹7,160
Correct answer
₹7,260
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