₹20,000 is invested at an annual rate of interest of 10% p.a. The amount after 2 years, compounded annually, is:
CA Foundation · Quantitative Aptitude · MTP · September 2026
₹20,000 is invested at an annual rate of interest of 10% p.a. The amount after 2 years, compounded annually, is:
Suggested Answer and Working Notes:
Correct Answer: Option (B)
B. ₹ 24,200
Topics: Part-A: Business Mathematics
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