What is the compound amount on Rs. 1000 at 10% per annum... — Answer & Explanation | PrepBeePakistan

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MEDIUMENGLISHMathematics

What is the compound amount on Rs. 1000 at 10% per annum for 2 years, compounded annually?

Correct answer: C

Explanation

Amount = 1000 x 1.1 x 1.1 = Rs. 1210.

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