Mathematics · Interest
There is a 60% increase in an amount in 4 years at simple interest. What will be the compound interest on Rs. 49,500 after 2 years at the same rate of interest? (In Rs.)
- 115,963.75✓
- 215,763.75
- 315,663.75
- 415,863.75
Correct answer
15,963.75
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