Mathematics · Compound Interest
If compound interest is charged on a certain sum for 3 years at 5% per annum, compounded annually, and the total amount becomes ₹74,088, find the principal sum.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹64,000✓
- 2₹65,500
- 3₹61,500
- 4₹62,000
Correct answer
₹64,000
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