Mathematics · Interest
Find the compound interest on ₹25,000 at 4% per annum for 2 years, compounded annually.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹2,050
- 2₹2,040✓
- 3₹2,400
- 4₹2,500
Correct answer
₹2,040
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