On what sum will the compound interest at 5% per annum for two years compounded annually be ₹1640?
CA Foundation · Quantitative Aptitude · MTP · September 2026
On what sum will the compound interest at 5% per annum for two years compounded annually be ₹1640?
Suggested Answer and Working Notes:
Correct Answer: Option (A)
A. ₹16000
Topics: Part-A: Business Mathematics
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