Correct option is A
The compound interest formula is:
A = P(1 + R/100)ⁿ
where:
- A is the final amount
- P is the principal amount
- R is the annual interest rate
- n is the number of years
Substituting the given values:
A = 100(1 + 10/100)²A = 100(1.1)²A = 100 × 1.21A = 121
Thus, the correct option is A) Rs 121.