Mathematics · Compound Interest

Find the sum invested at compound interest at 20% per annum compounding annually which will amount to Rs. 3168 in 2 years.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Rs. 2200✓
2Rs. 2300
3Rs. 2100
4Rs. 2400

Correct answer

Rs. 2200

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Find the sum invested at compound interest at 20% per annum compounding annually which will amount to Rs. 3168 in 2 years.

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Find the sum invested at compound interest at 20% per annum compounding annually which will amount to Rs. 3168 in 2 years.

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