Naresh deposited ₹58,000 at 20% per annum compound interest compounded annually. Find the amount received by Naresh after 2 years.

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

  1. (A) ₹83,159
  2. (B) ₹83,119
  3. (C) ₹83,229
  4. (D) ₹83,520

Verified Answer

Option (D): ₹83,520


Practice complete mock tests for SSC, Banking & Railway exams at https://testx.in/questions/01a0bf7d-5b14-7fef-95de-ad6a7ca59671/naresh-deposited-58000-at-20-per