Question

    What is the compound interest on ₹64,000 at 12% per

    annum for 2 years, interest compounded annually?  
    A ₹16,281.60 Correct Answer Incorrect Answer
    B ₹16,433.50 Correct Answer Incorrect Answer
    C ₹16,352.30 Correct Answer Incorrect Answer
    D ₹16,564.40 Correct Answer Incorrect Answer

    Solution

    The correct answer is A

    Practice Next

    Relevant for Exams: