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- The Simple interest on a certain sum for 2 years at 10% per annum is Rs.
Question 1:
The Simple interest on a certain sum for 2 years at 10% per annum is Rs. 90.The corresponding compound interest is
A. Rs. 99
B. Rs. 94.50
Feedback Sum = Rs. 100 x 90/20 = Rs. 450
C.I. = Rs.450 x (1+ 10/100)^2- 450 = Rs. 94.50
C.I. = Rs.450 x (1+ 10/100)^2- 450 = Rs. 94.50
C. Rs. 95.60
D. Rs. 108
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