Mathematics · Interest
There is a 45% growth in a principal amount in 2.25 years at simple interest. What will be the compound interest on ₹30,000 after 3 years at the same annual rate?
- 1₹21,630
- 2₹21,210
- 3₹21,840✓
- 4₹21,420
Correct answer
₹21,840
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