What is the compound interest paid on a sum of Rs.3000 for the period of 2 years at 10% per annum.	Choices.
A) 630
B) 620
C) 610
D) 600
E) None of these
Solution= Interest % for 1st year= 10   Interest % for 2nd year= 10+ 10% of 10= 10+ 10 *10/100= 
<gadget id="calculator">10+ 10 *10/100</gadget>
<output>11</output>
11   Total % of interest= 10 + 11= 
<gadget id="calculator">10 + 11</gadget>
<output>21</output>
21   Total interest= 21 % 3000= 3000 * (21/100)= 
<gadget id="calculator">3000 * (21/100)</gadget>
<output>630</output>
630   630nswer 630
<result>A</result>
What is the compound interest paid on a sum of Rs.3000 for the period of 2 years at 10% per annum.