Home
Class 14
MATHS
A sum of Rs 900 is invested at compound ...

A sum of Rs 900 is invested at compound interest (compounded annully) for 2 years. If the rate of interest is 10% per annum, then what be the amount?

A

Rs 1289

B

Rs 1121

C

Rs 1089

D

Rs 1071

Text Solution

Verified by Experts

The correct Answer is:
C
Promotional Banner

Similar Questions

Explore conceptually related problems

A sum of Rs. 22000 is invested at compound interest (compounding annually). If the rate of interest is 10% per annum, then what will be the amount after 3 year?

A sum of Rs. 3000 is invested on compound interest (compounded anually) at the rate of interest 20% per annum What is the compound interest for 2 years ?

If Rs 12000 is invested for two years at compound interest (compounded annually ) at the rate of 20% per annum, then what is the interest ?

A sum of ₹4500 is lent at compound interest. If the rate of interest is 10% per annum (interest is compounded annually), then what will be the amount after 3 years?

Rs. 8000 invested at compound interest, gives Rs. 1261 as interest after 3 years. The rate of interest per annum is:

A sum of money invested at compound interest amounts to Rs800 in 3 years and to Rs840 in 4 years.The rate of interest per annum is

Find the principal, if the compound interest compound annually at the rate of 10% per annum for three years is Rs 331.