What is the compound interest on ₹10,124 at 25% per annum for 2 years, if interest is compounded annually?

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

1. (A) ₹5,994.75
2. (B) ₹5,894.75
3. (C) ₹5,694.75
4. (D) ₹5,794.75

Verified Answer

Option (C): ₹5,694.75

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