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The amount on a sum of ₹2,000 at 5% per annum compound interest, compounded annually, in 2 years will be:
₹2,205
₹2,880
₹2,886
₹3,039
₹2,205
Practice and solve "The amount on a sum of ₹2,000 at 5% per annum compound interest, compounded annually, in 2 years wil..." for Mathematics - Previous Year Paper 2024. The correct answer is Option A: ₹2,205. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "The amount on a sum of ₹2,000 at 5% per annum compound interest, compounded annually, in 2 years wil..." for Mathematics - Previous Year Paper 2024. The correct answer is Option A: ₹2,205. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.