Mathematics · Compound Interest

Find the compound interest gained on ₹10,000 at an annual interest rate of 20% compounded annually for 2 years.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1₹4,440
2₹14,400
3₹4,400✓
4₹4,000

Correct answer

₹4,400

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Find the compound interest gained on ₹10,000 at an annual interest rate of 20% compounded annually for 2 years.

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Find the compound interest gained on ₹10,000 at an annual interest rate of 20% compounded annually for 2 years.

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