Mathematics · Compound Interest
Find the compound interest on a principal of Rs. 9,700 at a rate of 2.5% per annum compounded annually for a time period of 2 years.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 362.562
- 2Rs. 389.73
- 3Rs. 214.45
- 4Rs. 491.0625✓
Correct answer
Rs. 491.0625
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