Q. What is the amount on ₹3000 at 20% p.a for 2 years compounded annually?

  • (A) ₹4080
  • (B) ₹4200
  • (C) ₹4320
  • (D) ₹4400
✅ Correct Answer: (C) ₹4320
Explanation: Amount = 3000 × (1.2)² = 3000 × 1.44 = 4320.

Published by Mr. Dubey ⭐ 111.22K Points at 06-Dec-2025 09:41 am in Math

Explanation by: Mr. Dubey
Amount = 3000 × (1.2)² = 3000 × 1.44 = 4320.

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