Saurav deposits a certain sum at 20% per annum compound interest compounded annually. At the end of 2 years, he receives ₹70,164 as the amount. What was the sum deposited by Saurav?
Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM
Options
- (A) ₹48,606
- (B) ₹48,931
- (C) ₹48,407
- (D) ₹48,725
Verified Answer
Option (D): ₹48,725
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