What is the compound interest on ₹10000 at 10% per annu - Practice (English) | ObjectiveMcq

Loading practice questions

A focused practice platform for competitive-exam MCQs, subject wise, topic wise practice, and current affairs revision.

Exams

SSC CGL
UPSC CSE PRELIMS
IBPS PO
RRB NTPC
CDS

Subjects

Mathematics
Physics
General Knowledge
English
Reasoning

Resources

Current Affairs
Search MCQs
Practice Sets

Company

About Us
Contact
Privacy Policy
Terms of Use
Disclaimer
Copyright

Practice library for exams, subjects, and daily revision. For learning purposes only.

© 2026 ObjectiveMcq.ComAll rights reserved

What is the compound interest on ₹10000 at 10% per annu - Practice (English) | ObjectiveMcq

PracticeMathArithmeticWhat is the compound interest on ₹1...

Arithmetic MathHard

897 views

What is the compound interest on ₹10000 at 10% per annum for 2 years, compounded annually?

Correct Answer: B — ₹2100

Explanation:

A = P(1 + R/100)^T = 10000 × (1.1)² = 10000 × 1.21 = ₹12100. CI = 12100 – 10000 = ₹2100.

Related Practice

Enter the average of 10, 30, and 50.
Which of the following numbers are perfect squares?
What is the simple interest on ₹5000 at 8% per annum for 3 years?
The sum of two numbers is 50 and their difference is 10. What is the product of the two numbers?
A shopkeeper buys an article for ₹800 and sells it for ₹1000. What is the profit percentage?
The total surface area of a cylinder with radius 7 cm and height 10 cm is:
A train travels 360 km in 4 hours. What is its speed in km/h?
What is the LCM of 12 and 18?