The amount for a sum of money Rs. 10,000 for 2 years at 10% compounded annually is:
A. 10,121
B. 2100
C. 12,000
D. 12,100
Answers
Answered by
8
Answer:
option c is your ans 12,000
ok hope it's helpful to you dear
Answered by
0
Step-by-step explanation:
- Here, Principal = ₹10,000
- Rate% = 10%
- And, Time = 2 years
- So, Simple Interest = P*R*T /100 = 10,000*10*2/100 = 100*20 = ₹2000
- So, Amount = S. I. + Principal
- Amount = ₹2000+10,000 = ₹12,000
- C. option = 12000
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