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The compound interest on a sum of ₹10000 for 2 years is ₹2544, when the interest is compounded annually. If the rate of interest per annum is halved and the time duration is doubled, then the compound interest (in ₹, correct to nearest paise) will be:
2724.67
2642.77
2742.67
2624.77
2624.77
Practice and solve "The compound interest on a sum of ₹10000 for 2 years is ₹2544, when the interest is compounded annua..." for Mathematics - Previous Year Paper 2026. The correct answer is Option D: 2624.77. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "The compound interest on a sum of ₹10000 for 2 years is ₹2544, when the interest is compounded annua..." for Mathematics - Previous Year Paper 2026. The correct answer is Option D: 2624.77. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.