What is the amount payable after two years if Rs 10,000 is borrowed at the rate of interest of 5 paise per rupee per annum, compounded annually? Options: A . &nbspRs 10025 B . &nbsp11025 C . &nbsp12025 D . &nbsp none of these

What is the amount payable after two years if Rs 10,000 is borrowed at the ra

Question

What is the amount payable after two years if Rs 10,000 is borrowed at the rate of interest of 5 paise per rupee per annum, compounded annually?

Options:

A . Rs 10025

B . 11025

C . 12025

D . none of these

Answer: Option B

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