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    • 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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