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The amount on a sum of ₹2,500 at the rate of 14% per annum compound interest, compounded annually, in 2 years will be:
₹2,497
₹3,249
₹3,184
₹2,877
₹3,249
Practice and solve "The amount on a sum of ₹2,500 at the rate of 14% per annum compound interest, compounded annually, i..." for Mathematics - Previous Year Paper 2024. The correct answer is Option B: ₹3,249. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "The amount on a sum of ₹2,500 at the rate of 14% per annum compound interest, compounded annually, i..." for Mathematics - Previous Year Paper 2024. The correct answer is Option B: ₹3,249. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.