Mathematics · Interest
What will be the amount payable on ₹20,000 after 2 years when the rate of simple interest for the successive years is 10% and 8% respectively?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹24,000
- 2₹23,600✓
- 3₹23,760
- 4₹22,000
Correct answer
₹23,600
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