Mathematics · Compound Interest
The amount obtained on a sum of ₹2,500 at 16% per annum compound interest, compounded annually, in 2 years, will be:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹2,622
- 2₹4,302
- 3₹2,978
- 4₹3,364✓
Correct answer
₹3,364
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