Mathematics · Compound Interest
If compound interest is charged on a certain sum for 2 years at 20% per annum, compounded annually, and the amount becomes ₹81,360, find the principal sum.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹56,500✓
- 2₹56,000
- 3₹58,000
- 4₹55,500
Correct answer
₹56,500
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