Q. The amount of Rs. 10,000 after 2 years, compounded annually with the rate of interest being 10% per annum during the first year and 12% per annum during the second year, would be (in rupees)
A) 12,000
B) 11,320
C) 12,500
D) 12,320
✔ Correct Answer: 12,320
Exam Insight
-