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1184

Q:

A sum of money amounted to Rs.720 in 2 years and Rs.792 in 3 years when interest is compounded annually. The annual rate of interest , (in%) is:

  • 1
    5%
  • 2
    7.50%
  • 3
    7%
  • 4
    10%
  • Show Answer
  • Workspace

Answer : 4. " 10%"

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