Mathematics · Compound Interest

The amount on a sum of ₹8,400 at 15% per annum compound interest, compounded annually, in 2 years will be:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1₹10,837
2₹11,109✓
3₹11,339
4₹11,668

Correct answer

₹11,109

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The amount on a sum of ₹8,400 at 15% per annum compound interest, compounded annually, in 2 years will be:

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