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A sum of money amounts to ₹9,016 at the rate of 12% compound interest per annum, compounded annually for 2 years. The sum of money is:
₹7,189.50
₹7,175.50
₹7,187.50
₹7,163.50 Question ID : 4410091983327 Option 1 ID : 4410097812000 Option 2 ID : 4410097811998 Option 3 ID : 4410097811999 Option 4 ID : 4410097811997 Status : Answered Chosen Option : C
₹7,187.50
Practice and solve "A sum of money amounts to ₹9,016 at the rate of 12% compound interest per annum, compounded annually..." for Mathematics - Previous Year Paper 2026. The correct answer is Option C: ₹7,187.50. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "A sum of money amounts to ₹9,016 at the rate of 12% compound interest per annum, compounded annually..." for Mathematics - Previous Year Paper 2026. The correct answer is Option C: ₹7,187.50. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.