Q. The compound interest on ₹1000 at 10% per annum for 2 years is

  • (A) ₹200
  • (B) ₹210
  • (C) ₹220
  • (D) ₹230
✅ Correct Answer: (B) ₹210
Explanation: Amount = 1000 × (1.1)² = ₹1210. Compound Interest = ₹210.
Explanation by: Roshan
Amount = 1000 × (1.1)² = ₹1210. Compound Interest = ₹210.

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