Find the amount received in 2 years on ₹2,000 at 12% per annum compound interest compounded annually.

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

1. (A) ₹2,508.80
2. (B) ₹2,608.80
3. (C) ₹2,450.80
4. (D) ₹2,520.80

Verified Answer

Option (A): ₹2,508.80

Practice complete mock tests for SSC, Banking & Railway exams at https://testx.in/questions/01a0bf7a-35c3-7cef-9259-18cece3f3057/find-the-amount-received-in-2