Arithmeticmedium · Past Paper

Find the amount on Rs. 10,000 for 2 years at 10% p.a. compounded annually.

ARs. 12,000
BRs. 12,100
CRs. 11,000
DRs. 12,500

✓ Correct Answer: BRs. 12,100

A = 10000(1 + 10/100)^2 = 10000(1.1)^2 = 12100.

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