Question:
The simple interest accrued on a sum of certain principal in 8 years at the rate of 13% per year is ₹6500.What would be the compound interest accrued on that principal at the rate of 8% per year in 2 years
The simple interest accrued on a sum of certain principal in 8 years at the rate of 13% per year is ₹6500.What would be the compound interest accrued on that principal at the rate of 8% per year in 2 years
Updated On: Aug 7, 2024
- ₹1040
- ₹1020
- ₹1060
- ₹1200
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The Correct Option is A
Solution and Explanation
The correct option is(A):₹1040
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