Mathematics · Compound Interest
Find the compound interest on ₹1000 at 2% per annum for two years, compounded annually.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹20.00
- 2₹20.50
- 3₹40.40✓
- 4₹20.60
Correct answer
₹40.40
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