App Logo

No.1 PSC Learning App

1M+ Downloads
On what sum (in ₹) will the compound interest at 2% p.a. for 2 years compounded annually be ₹9,696?

A2,20,000

B2,70,000

C2,50,000

D2,40,000

Answer:

D. 2,40,000

Read Explanation:

2,40,0002,40,000


Related Questions:

What will be the difference between the compound interest (interest is compounded annually) and simple interest on a sum of Rs. 3200 at the rate of 20% per annum for 2 years?
The amount obtained on a certain sum at compound interest (compounded annually) after 2 years and 3 years is Rs.11520 and Rs.13824 respectively. What is that amount?
6500 രൂപക്ക് 11% നിരക്കിൽ ഒരു വർഷത്തേക്കുള്ള സാധരണ പലിശയും കൂട്ടുപലിശയും തമ്മിൽ ഉള്ള വ്യത്യാസം എത്ര?
12000 രൂപ 10 ശതമാനം പലിശയ്ക്ക് കടം എടുത്തു. ഒരു വർഷം കഴിയുമ്പോൾ തിരിച്ചടയ്ക്കണ്ട തുക എത്ര?
The compound interest on an amount for 2 years at 5% per annum compounded annually is ₹205. The simple interest is: