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The amount on a sum of ₹5,000 at 20% per annum compound interest, compounded annually, in 2 years, will be:
₹6,563
₹7,247
₹7,200
₹7,760
₹7,200
Practice and solve "The amount on a sum of ₹5,000 at 20% per annum compound interest, compounded annually, in 2 years, w..." for Mathematics - Previous Year Paper 2024. The correct answer is Option C: ₹7,200. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "The amount on a sum of ₹5,000 at 20% per annum compound interest, compounded annually, in 2 years, w..." for Mathematics - Previous Year Paper 2024. The correct answer is Option C: ₹7,200. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.