Category: Mathematics | Last updated: 2026-09-18

The compound interest on Rs. 10,000 at 10% per annum for 2 years is:

A) Rs. 2000

B) Rs. 2100

C) Rs. 2200

D) Rs. 1900

Explanation

CI = P(1+r/100)² - P = 10000(1.1)² - 10000 = 12100 - 10000 = 2100.

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