Mathematics · Compound Interest

Find the Compound Interest on Rs. 1000 for two years at 2% per annum.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Rs. 20.60
2Rs. 40.40✓
3Rs. 20.50
4Rs. 20.00

Correct answer

Rs. 40.40

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Find the Compound Interest on Rs. 1000 for two years at 2% per annum.

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