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Monika takes a loan of Rs. 10,000 from a bank for a period of 1 year.

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Monika takes a loan of Rs. 10,000 from a bank for a period of 1 year. The rate of interest is 10% per annum.Find the interest and the amount she has to pay at the end of a year.

(A) Rs. 9,000 (B) Rs. 10,000 (C) Rs. 11,000 (D) Rs. 8,800 (E) Rs. 7,900
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1 Answer

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Correct option is : (C) Rs. 11,000

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