Sachin deposited a sum of ₹14,525 at 20% per annum compound interest, where interest is compounded annually. How much total amount will Sachin receive after 2 years?

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

1. (A) ₹21,073
2. (B) ₹20,916
3. (C) ₹20,720
4. (D) ₹20,910

Verified Answer

Option (B): ₹20,916

Practice complete mock tests for SSC, Banking & Railway exams at https://testx.in/questions/01a0bf7a-35b9-7fcb-b609-67cbcd7bdcd9/sachin-deposited-a-sum-of-14525