Mathematics · Interest
The simple interest on a certain sum at 6% per annum for three years is ₹ 1,200. Find the compound interest on the same sum at the same rate for two years.
- 1₹ 1,216
- 2₹ 824✓
- 3₹ 816
- 4₹ 724
Correct answer
₹ 824
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