Q. What is the compound interest on ₹2000 at 10% per annum for 2 years?
✅ Correct Answer: (C)
₹420
Explanation: CI = 2000(1.1² - 1) = 2000(1.21 - 1) = 420.
Explanation by: Ankit Singh
CI = 2000(1.1² - 1) = 2000(1.21 - 1) = 420.