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Mahesh deposited a certain sum of money at 20% rate of interest per annum, compounded annually. At the end of 2 years, Mahesh received a total amount of ₹18,000. What was the sum of money deposited by Mahesh?
₹12,996
₹12,800
₹12,500
₹12,129
₹12,500
Practice and solve "Mahesh deposited a certain sum of money at 20% rate of interest per annum, compounded annually. At t..." for Mathematics - Previous Year Paper 2026. The correct answer is Option C: ₹12,500. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "Mahesh deposited a certain sum of money at 20% rate of interest per annum, compounded annually. At t..." for Mathematics - Previous Year Paper 2026. The correct answer is Option C: ₹12,500. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.