Mathematics · Compound Interest
There is a 60% increase in a principal amount in 4 years at simple interest. What will be the compound interest of Rs. 52,500 after 2 years at the same rate of interest?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 15,931.25
- 2Rs. 16,931.25✓
- 3Rs. 13,931.25
- 4Rs. 14,931.25
Correct answer
Rs. 16,931.25
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