Math MCQ: The amount on Rs. 25,000 in 2 years at annual compound interest, if the rates for the successive years be 4% and 5% per annum respectively is ?

The amount on Rs. 25,000 in 2 years at annual compound interest, if the rates for the successive years be 4% and 5% per annum respectively is ?

Correct Answer: Rs. 27,300

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