Mathematics · Compound Interest
The amount obtained on a certain sum at compound interest (compounded annually) after 2 years and 3 years is Rs. 11520 and Rs. 13824 respectively. What is the original principal sum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 7000
- 2Rs. 9000
- 3Rs. 8000✓
- 4Rs. 6000
Correct answer
Rs. 8000
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