Question

    The interest, compounded annually on a sum of ₹ 3,240

    after two year is ₹ 370. What is the rate of interest of correct up two decimal places?
    A 5.26% Correct Answer Incorrect Answer
    B 4.67% Correct Answer Incorrect Answer
    C 5.56% Correct Answer Incorrect Answer
    D 4.05% Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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