Mathematics · Compound Interest
Sonia bought a flat for Rs. 2,500,000. If its value appreciates at the rate of 10% per annum compounded yearly, what will be the value of the flat after 2 years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 3,000,250
- 2Rs. 3,000,000
- 3Rs. 3,003,500
- 4Rs. 3,025,000✓
Correct answer
Rs. 3,025,000
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