- A3762
- B3600
- C3924
- D3681
Step-by-Step Solution
Amount = = ₹23,762, so CI = 23762 − 20000 = ₹3,762.
Answer: A) 3762
Mohan keeps ₹20,000 in a bank deposit at 9% per annum, compounded annually. How much interest (in ₹) does he earn in 2 years?
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