The Simple interest on a certain sum for 2 years at 10% per annum is Rs. 90. The corresponding compound interest is: Options: A . &nbsp99 B . &nbsp95.60 C . &nbsp94.50 D . &nbsp108 E . &nbspNone of these

Answer: Option C &nbsp- Sum = 100 x90 = Rs. 450 2 x 10 C.I. = Rs. 450 x (1+ 10 ) 2 - 450 100 = Rs. 94.50

The Simple interest on a certain sum for 2 years at 10% per annum is Rs. 90. Th

Question

The Simple interest on a certain sum for 2 years at 10% per annum is Rs. 90. The corresponding compound interest is:

Answer: Option C
- Sum = 100 x90 = Rs. 450 2 x 10 C.I. = Rs. 450 x (1+ 10 ) 2 - 450 100 = Rs. 94.50

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