Mathematics · Compound Interest
If compound interest is charged on a certain sum for 2 years at 12% per annum (interest compounded annually), the amount becomes ₹1,13,021.44. Find the sum.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹98,100
- 2₹88,100
- 3₹95,100
- 4₹90,100✓
Correct answer
₹90,100
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