Mathematics · Compound Interest

The compound interest in 2 years on Rs. 30,000 at 7% interest per annum, compounded annually, is ________.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Rs. 4,777
2Rs. 4,447
3Rs. 4,437
4Rs. 4,347✓

Correct answer

Rs. 4,347

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The compound interest in 2 years on Rs. 30,000 at 7% interest per annum, compounded annually, is ________.

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The compound interest in 2 years on Rs. 30,000 at 7% interest per annum, compounded annually, is ________.

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