Mathematics · Compound Interest
The compound interest on a sum for 2 years at the rate of 24% per annum (compounded annually) is Rs. 4,300.80. What is the sum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 7,500
- 2Rs. 8,000✓
- 3Rs. 7,000
- 4Rs. 8,200
Correct answer
Rs. 8,000
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