Question

Find the principal if the interest compounded at the rate of 10% per annum for two years is Rs. 420.
A.Rs. 1000
B.Rs. 2200
C.Rs. 2000
D.Rs. 1100

Answer 1

21% is equal to 420..given in question..
as we know principal is 100%
21--------420
100------2000

hence c) will be answer