The compound interest of an amount P for one year at the rate of interest 8% per annum is 600

The compound interest of an amount P for one year at the rate of interest 8% per annum is 600. The compound interest for 2 years at the same rate of interest for the same amount P is

(1)   Rs. 1,248
(2)   Rs. 1,428
(3)   Rs. 1,644
(4)   Rs. 1,648

Anurag Mishra Professor Asked on 19th April 2016 in Maths.
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  • 1 Answer(s)

    Answer: (1) Rs. 1,248 

    Anurag Mishra Professor Answered on 20th May 2016.
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