What amount results from Rs 5100 after 2 years at 10% annual compound interest?

Question: What amount results from Rs 5100 after 2 years at 10% annual compound interest?

  1. Rs 6171
  2. Rs 6172
  3. Rs 6170
  4. Rs 6173

Correct Answer: A — Rs 6171

Explanation: For annual compounding, amount = principal × (1 + rate/100)^years; interest = amount − principal.
Using the values in this question gives Rs 6171 as the correct answer.

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