Q. What is the compound interest on ₹2000 at 10% per annum for 2 years?

  • (A) ₹400
  • (B) ₹410
  • (C) ₹420
  • (D) ₹440
✅ 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.

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