Mathematics · Compound Interest
George deposited Rs. 15,000 in a bank where compound interest is 10% per annum compounded annually. How much interest will he get after two years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 1500.00
- 2Rs. 3000.00
- 3Rs. 3150.00✓
- 4Rs. 3500.00
Correct answer
Rs. 3150.00
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