Mathematics · Compound Interest
The compound interest (compounded annually) on a certain sum for 2 years is Rs. 6681.6. If the rate of interest is 32 percent per annum, then what is the sum?
- 1Rs. 9000✓
- 2Rs. 8700
- 3Rs. 8800
- 4Rs. 8400
Correct answer
Rs. 9000
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