Mathematics · Compound Interest

Aruna borrowed a sum of ₹9,000 from Jayshree at 10% per annum on compound interest, compounded annually. Find the total amount paid by Aruna after 2 years to clear all the dues.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1₹10,089
2₹10,980
3₹10,890✓
4₹10,098

Correct answer

₹10,890

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Aruna borrowed a sum of ₹9,000 from Jayshree at 10% per annum on compound interest, compounded annually. Find the total amount paid by Aruna after 2 years to clear all the dues.

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Aruna borrowed a sum of ₹9,000 from Jayshree at 10% per annum on compound interest, compounded annually. Find the total amount paid by Aruna after 2 years to clear all the dues.

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