Question

A sum of money invested at a certain rate of compound interest per annum amounts to ₹96,800 in 2 years and to ₹1,06,480 in 3 years. Find the rate of compound interest per annum.

A 10.5%
B 10%
C 12%
D 11%
Practice Next

Relevant for Exams:

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)