alleryStart learning →₹10,000 grows by 10% compounded yearly for 2 years. Final amount?
A₹12,000
B₹12,100
C₹12,200
D₹12,500
Answer & Solution
Correct answer: B. ₹12,100
Compounding gives ₹10,000 × 1.1² = ₹12,100.
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