Calculate the compound interest earned on ₹2,500 at 6% per annum compounded annually for 2 years.

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

1. (A) ₹312
2. (B) ₹309
3. (C) ₹300
4. (D) ₹306

Verified Answer

Option (B): ₹309

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