Mathematics · Compound Interest
The amount on a sum of ₹5,500 at 20% per annum compound interest, compounded annually, in 2 years will be:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹8,843
- 2₹6,968
- 3₹7,507
- 4₹7,920✓
Correct answer
₹7,920
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