Find the interest received in 2 years on ₹8,324 at 5% per annum compound interest compounded annually.

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

1. (A) ₹853.21
2. (B) ₹875.41
3. (C) ₹865.31
4. (D) ₹841.11

Verified Answer

Option (A): ₹853.21

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