If a = b(1+ct) & a = 1100, b = 1000 & t = 100, then the value of c is

1.01

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0.001

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0.1

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0.01

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Solution

The correct option is B
0.001

1100=1000(1+100c)

(11/10) -1 = 100c = c=1/1000

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