Arithmeticeasy · Past Paper

If R=10%, P=2000, T=1, then CI (compounded annually) is:

ARs. 100
BRs. 200
CRs. 220
DRs. 2000

✓ Correct Answer: BRs. 200

For 1 year, CI (annually) is the same as SI. I = (2000*1*10)/100 = 200.

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