railway RPF SI Mock Test Series 2024 Quantitative Aptitude Interest Compound Interest

A sum of ₹1,20,000 was invested in a fixed deposit in the year 2019 at the rate of 12% per annum compounding annually. What will its approximate value be in the year 2022?

1

₹1,68,591

2

₹1,43,200

3

₹1,61,253

4

₹1,56,400

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