Mathematics · Compound Interest
The compound interest when a sum of ₹20,000 is invested for 1 year 3 months at 10% per annum compounded annually is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹ 2,750
- 2₹ 2,700
- 3₹ 2,650
- 4₹ 2,550✓
Correct answer
₹ 2,550
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