Rakesh invests 10,000 rupees in a fixed deposit scheme for 2 years at 5% per annum compound interest. How much amount will he receive on maturity of fixed deposit?A. Rs. 10,000B. Rs. 8500C. Rs. 11,050D. Rs. 11,025

Rakesh invests 10,000 rupees in a fixed deposit scheme for 2 years at

1.	Rakesh invests 10,000 rupees in a fixed deposit scheme for 2 years at 5% per annum compound interest. How much amount will he receive on maturity of fixed deposit?A. Rs. 10,000B. Rs. 8500C. Rs. 11,050D. Rs. 11,025
A.	C
B.	A
C.	B
D.	D
Answer» E.

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Rakesh invests 10,000 rupees in a fixed deposit scheme for 2 years at 5% per annum compound interest. How much amount will he receive on maturity of fixed deposit?A. Rs. 10,000B. Rs. 8500C. Rs. 11,050D. Rs. 11,025

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