- A₹6,450
- B₹6,000
- C₹6,300
- D₹6,900
Step-by-Step Solution
Amount = = ₹26,450. CI = 26,450 − 20,000 = ₹6,450 (simple interest would have been only ₹6,000).
Answer: A) ₹6,450
Sunita invests ₹20,000 for 2 years at 15% per annum compound interest (compounded yearly). What interest does she receive?
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