Arithmeticeasy · Past Paper
What is the annual compound interest on Rs 1000 for 1 year at 10% per annum?
ARs 100
BRs 110
CRs 121
DRs 200
✓ Correct Answer: A — Rs 100
For the first year, annual compound interest is the same as simple interest: (1000*1*10)/100 = 100.
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