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Compound Interest · UPSC CDS/OTA · Question 2 of 30

Compound Interest: At 8% p.a. compounded annually, the amount after 2 years is ₹14,520. Find the principal.

Step-by-step solution. Compound Interest for UPSC CDS/OTA.

Topic
Compound Interest
Subject
Mathematics
Difficulty
Moderate
Solve Time
45-60 sec

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Q · Compound InterestModerate · 45s

At 8% p.a. compounded annually, the amount after 2 years is ₹14,520. Find the principal.

TopicCompound Interest
Question Typemultiple choice
DifficultyModerate
Marking+1 / −0.33
Test Duration30 min

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At 8% p.a. compounded annually, the amount after 2… - Compound Interest (Mathematics) Solved Question