Q. Mr. Devesh borrowed Rs.4,500 at 4% per annum compound interest. The compound interest compounded annually for 2years is
A) Rs. 4867.2
B) Rs. 367.2
C) Rs.376.2
D) Rs. 4876.2
✔ Correct Answer: Rs. 367.2
Exam Insight
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A) Rs. 4867.2
B) Rs. 367.2
C) Rs.376.2
D) Rs. 4876.2
✔ Correct Answer: Rs. 367.2
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