Mathematics · Compound Interest

What principal will amount to Rs. 5,324 in 2 years, when the interest is compounded annually at 10% per annum?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Rs. 4,400✓
2Rs. 4,324
3Rs. 4,420
4Rs. 4,440

Correct answer

Rs. 4,400

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What principal will amount to Rs. 5,324 in 2 years, when the interest is compounded annually at 10% per annum?

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What principal will amount to Rs. 5,324 in 2 years, when the interest is compounded annually at 10% per annum?

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