Mathematics · Compound Interest
What is the compound interest on ₹ 5,000 for 2 years at 5% per annum, compounded annually?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹ 515.00
- 2₹ 512.50✓
- 3₹ 510.00
- 4₹ 500.00
Correct answer
₹ 512.50
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