Mathematics · Compound Interest
If the interest earned during the 2nd year on a certain sum is ₹2,508, and the rate of interest is 20% per annum compounded annually, then the sum is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹10,005
- 2₹10,450✓
- 3₹10,315
- 4₹9,695
Correct answer
₹10,450
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