Mathematics · Compound Interest
The amount received on a certain sum after 3 years and 5 years on compound interest (compounding annually) is Rs. 20,736 and Rs. 29,859.84 respectively. What is that sum?
- 1Rs. 12000✓
- 2Rs. 15000
- 3Rs. 14000
- 4Rs. 9000
Correct answer
Rs. 12000
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