If interest is compounded annually, find the compound interest on ₹7,625 at 20% per annum for 3 years.

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

  1. (A) ₹5,551
  2. (B) ₹5,581
  3. (C) ₹5,571
  4. (D) ₹5,561

Verified Answer

Option (A): ₹5,551


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