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Aptitude · Q7

Compound Interest

Competitive Exams · Aptitude · question 7

Q7

At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years?

A.
6%
Answer
B.
6.5%
C.
7%
D.
7.5%

Answer: Option A

Solution

Answer: Option A
Solution: