Mathematics · Compound Interest

Find the compound interest on ₹7,000 at 9% p.a. for 1 year 8 months, compounded annually.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1₹2,000.80
2₹1,087.80✓
3₹1,000.80
4₹2,087.80

Correct answer

₹1,087.80

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Find the compound interest on ₹7,000 at 9% p.a. for 1 year 8 months, compounded annually.

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Find the compound interest on ₹7,000 at 9% p.a. for 1 year 8 months, compounded annually.

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