what is the compound interest on rs 48 000 for 2 years at 20 p a if in | Examsbook

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462 0

Q:
What is the compound interest on Rs. 48,000 for 2 years at 20% p.a., if interest is compounded annually?

1
Rs. 69,120
2
Rs. 21,120
3
Rs. 76,800
4
Rs. 72,000

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Answer : 2. "Rs. 21,120"

Maths Compound interest questions

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