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The amount on a sum of ₹6,800 at 15% per annum compound interest, compounded annually, in 2 years' time, will be:
₹7,996
₹8,641
₹9,393
₹8,993
₹8,993
Practice and solve "The amount on a sum of ₹6,800 at 15% per annum compound interest, compounded annually, in 2 years' t..." for Mathematics - Previous Year Paper 2024. The correct answer is Option D: ₹8,993. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "The amount on a sum of ₹6,800 at 15% per annum compound interest, compounded annually, in 2 years' t..." for Mathematics - Previous Year Paper 2024. The correct answer is Option D: ₹8,993. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.