Mathematics · Compound Interest
Simple interest on a sum at 20% per annum for 2 years is Rs. 480. Find the total amount (principal + interest) under compound interest on the same sum for the same period and at the same rate of interest.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 1,738
- 2Rs. 1,748
- 3Rs. 1,728✓
- 4Rs. 1,758
Correct answer
Rs. 1,728
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