Mathematics · Compound Interest
The compound interest on ₹ 50,000 at 42% per annum is ₹ 50,820, compounded annually. Find the time period (in years).
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 14 years
- 26 years
- 38 years
- 42 years✓
Correct answer
2 years
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