Mathematics · Compound Interest

Find the total amount earned on ₹5,000 in 2 years when the interest is compounded annually at 27% per annum.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1₹8,064.5✓
2₹7,566.5
3₹7,506.5
4₹8,055.5

Correct answer

₹8,064.5

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Find the total amount earned on ₹5,000 in 2 years when the interest is compounded annually at 27% per annum.

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