Mathematics · Compound Interest
An amount of Rs. 50,000 is invested in a scheme offering compound interest at 20% per annum compounded annually. What will be the total amount (in Rs.) obtained after 3 years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 82,800
- 2Rs. 86,400✓
- 3Rs. 52,400
- 4Rs. 52,360
Correct answer
Rs. 86,400
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