Question

A sum of Rs. 10,000 is borrowed by Akshit for 2 years at an interest of 10% compounded annually. Find the compound interest and amount he has to pay at the end of 2 years.

A 12200, 2100
B 12200, 2200
C 12100, 2200
D 12100, 2100
E None of these
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)