Question

    What is the rate of interest (in %) if simple interest

    earned on a certain sum for the 3rd year is Rs 2,000 and compound interest earned in 2 years is Rs 4,160?
    A 8 Correct Answer Incorrect Answer
    B 10 Correct Answer Incorrect Answer
    C 12 Correct Answer Incorrect Answer
    D 6 Correct Answer Incorrect Answer

    Solution

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