Mathematics · Compound Interest

What is the compound interest on Rs. 18,000 in 2 years at 15% per annum interest, compounded annually?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Rs. 5,400
2Rs. 4,500
3Rs. 5,805✓
4Rs. 5,000

Correct answer

Rs. 5,805

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What is the compound interest on Rs. 18,000 in 2 years at 15% per annum interest, compounded annually?

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