Teaching Bihar D.El.Ed Mock Test Series 2024-25 Quantitative Aptitude Interest Compound Interest

What is the compound interest on Rs. 24,000 for 2 years at the rate of 10% per annum, if interest is compounded annually?

1
Rs. 4,820
2
Rs. 5,280
3
Rs. 5, 040
4
Rs. 6,080
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