ArithmeticQuestion 347 of 550

An amount of 1000 SAR is put in an account at 10% compound interest per year. How much is it after two years?

  1. 1210 SAR
  2. 1100 SAR
  3. 1200 SAR
  4. 1220 SAR
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Correct answer: 1210 SAR

After year one: 1000 × 1.1 = 1100. After year two: 1100 × 1.1 = 1210 SAR.

Test structure: ETEC guide to the GAT

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Questions last reviewed: 21 October 2026