Mathematics · Compound Interest
What will be the compound interest on ₹ 12,200 for 2 years at 10% per annum, compounded annually?
- 1₹ 2,520
- 2₹ 2,562✓
- 3₹ 2,500
- 4₹ 2,600
Correct answer
₹ 2,562
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