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698

Q:

A sum of Rs. 8000 will amount to Rs. 8820 in 2 years if the interest is calculated every year. The rate of compound interest is 

  • 1
    3 %
  • 2
    5 %
  • 3
    6 %
  • 4
    7 %
  • Show Answer
  • Workspace

Answer : 2. "5 % "

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