state gov WBPSC Miscellaneous Services Mock Test 2023 Quantitative Aptitude Interest Compound Interest
What will be the compound interest on a sum of ₹4,50,000 at the rate of 10% per annum in 2 years, if interest is compounded annually?
1
₹50,500
2
₹94,500
3
₹54,450
4
₹85,450