Mathematics · Interest
The simple interest on a sum at the rate of 8% per annum for 8 years is ₹46,080. Find the compound interest on that same sum at the rate of 12% per annum for 2 years.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹18,316.80✓
- 2₹18,000.00
- 3₹17,316.80
- 4₹19,000.00
Correct answer
₹18,316.80
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