Question

13. Rs. 1000 is invested at annual rate of interest of 10% p.a. The amount after two years if compounding
is done annually is
(a) Rs. 121
(b) Rs. 1210
(c) Rs. 2110
(d) None of these

Answer 1

Answer:

Principle - RS 1000

Rate - 10% P.A

Time - 2 years

.°. SI = P × R × T

100

1000 × 10 × 2

100

= Rs. 200

.•. Amount = P + SI

= 1000 + 200

= Rs.1200 (Option d)

HOPE IT HELPS!!

Answer 2

Answer:

principal - Rs1000

Rate -10%PA

Time -2 year

SI =(P×R×T)/100

1000×10×2/100

Rs-200

Amount -P+SI

100+200

Rs - 1200

(option d is corect )