Mathematics · Compound Interest
What will be the compound interest, compounded annually, on a sum of ₹55,000 after 2 years at the rate of 12% per annum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1₹13,992✓
- 2₹12,992
- 3₹14,992
- 4₹11,992
Correct answer
₹13,992
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Compound Interest MCQs →Want more practice questions on Compound Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Compound Interest