Mathematics · Compound Interest
The compound interest (compounding annually) on a sum for 2 years is Rs. 4180. If the rate of interest is 20 percent per annum, then what is the sum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 8800
- 2Rs. 9800
- 3Rs. 9500✓
- 4Rs. 8500
Correct answer
Rs. 9500
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