Mathematics · Interest
The simple interest on ₹3,600 for three years at R% per annum is ₹648. What will be the compound interest on ₹18,000 for two years at R% per annum, compounded annually?
- 1₹2,228.20
- 2₹2,224.80✓
- 3₹2,212.60
- 4₹2,208.40
Correct answer
₹2,224.80
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