Mathematics · Compound Interest
Calculate the compound interest on Rs. 4,000 for 2 years at 20% per annum when compounded annually.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 1,600
- 2Rs. 1,760✓
- 3Rs. 1,840
- 4Rs. 1,920
Correct answer
Rs. 1,760
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