Mathematics · Compound Interest
The compound interest on a certain sum for 2 years at 5% per annum is ₹820. What will be the amount of the same sum at compound interest for 2 5 years at double the earlier rate, with interest being compounded annually (rounded to the nearest whole number)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹10,067✓
- 2₹10,063
- 3₹10,055
- 4₹9,098
Correct answer
₹10,067
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