Mathematics · Compound Interest
Find the sum of money invested by a man in a scheme which offers Compound Interest (compounding annually) at a 6% rate of interest per annum if the Compound Interest for 2 years is Rs. 618.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 9000
- 2Rs. 7000
- 3Rs. 4000
- 4Rs. 5000✓
Correct answer
Rs. 5000
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