Mathematics · Compound Interest
The compound interest on a sum for 2 years at the rate of 12% per annum (compounded annually) is ₹1,017.60. What is the sum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹3,500
- 2₹3,700
- 3₹4,000✓
- 4₹4,200
Correct answer
₹4,000
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