Mathematics · Compound Interest
If an increase of 40% is observed on an amount in 4 years at simple interest, what will be the compound interest on ₹80,000 after 4 years at the same rate of interest?
- 1₹29,728
- 2₹39,724
- 3₹37,128✓
- 4₹17,128
Correct answer
₹37,128
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