Join 60,000+ competitive exam aspirants
The amount on a sum of ₹6000 at 5% per annum compound interest, compounded annually, in 2 years, will be:
₹7047
₹5722
₹6385
₹6615
₹6615
Practice and solve "The amount on a sum of ₹6000 at 5% per annum compound interest, compounded annually, in 2 years, wil..." for Mathematics - Previous Year Paper 2024. The correct answer is Option D: ₹6615. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "The amount on a sum of ₹6000 at 5% per annum compound interest, compounded annually, in 2 years, wil..." for Mathematics - Previous Year Paper 2024. The correct answer is Option D: ₹6615. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.