Question

if rs 10000 amounts to rs 12100 in 2 years at C.I , then its rate per cent annum is
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Answer 1

Answer:

10 percent

Step-by-step explanation:

p=10000 r=10 % time=1 year interest =1000 ,2nd year 10000+1000=11000 rate =10% , intereste= 1100