Mathematics · Compound Interest
Compound interest on a fixed deposit at a certain interest rate after 2 years is Rs. 10,481.25. The compound interest on a deposit that is Rs. 2,500 higher at a 20% lower interest rate for 2 years is Rs. 8,904. What is the original deposit amount?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 31,500
- 2Rs. 32,500✓
- 3Rs. 35,000
- 4Rs. 30,000
Correct answer
Rs. 32,500
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