Mathematics · Compound Interest
There is a 78% increase in an amount in 6 years at a certain rate of simple interest per annum. What will be the compound interest on Rs. 20,000 at the same rate after 2 years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 5,600
- 2Rs. 5,538✓
- 3Rs. 5,078
- 4Rs. 5,200
Correct answer
Rs. 5,538
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