- A₹4,160
- B₹4,000
- C₹4,080
- D₹4,320
Step-by-Step Solution
Amount = = ₹29,160. CI = 29,160 − 25,000 = ₹4,160.
Answer: A) ₹4,160
Arjun deposits ₹25,000 in a bank at 8% per annum, compounded annually. How much interest does he earn in 2 years?
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