BANK SBI Clerk Mock Test Series 2025 (Pre + Mains) Quantitative Aptitude Interest Compound Interest

 What is the amount obtained from the sum of Rs.12000 at the rate of 8% per annum compounded annually for 24 months? 

1
Rs.12998.6
2
Rs.13997.6
3
Rs.13996.8
4
Rs.13998.6
5
Rs.13999.2
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