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The amount on a sum of ₹1,000 at the rate of 10% per annum compound interest, compounded annually, in 2 years will be:
₹1,210
₹1,640
₹1,220
₹1,240
₹1,210
Practice and solve "The amount on a sum of ₹1,000 at the rate of 10% per annum compound interest, compounded annually, i..." for Mathematics - Previous Year Paper 2024. The correct answer is Option A: ₹1,210. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "The amount on a sum of ₹1,000 at the rate of 10% per annum compound interest, compounded annually, i..." for Mathematics - Previous Year Paper 2024. The correct answer is Option A: ₹1,210. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.