*Rs. 52000 amounts to Rs. 57600 at 10% rate compounded anually in 2 years. Find the compound interest?*
1️⃣ ₹ 2000
2️⃣ ₹ 50000
3️⃣ ₹5600
4️⃣ ₹ 52600
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2nd option is the correct option.
Amount = Principle + Interest
57600 Rs. = 52000 Rs. + Interest
57600 Rs.-52000 Rs. = Interest
5600 Rs. = Interest
Hope it helps!!!
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