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      Question

      A sum of Rs. 4,000 is invested

      for 2 years at an annual interest rate of 'p'%, compounded annually. If the total interest earned after 2 years is Rs. 3,840, what is the value of 'p'?
      A 45 Correct Answer Incorrect Answer
      B 40 Correct Answer Incorrect Answer
      C 55 Correct Answer Incorrect Answer
      D 65 Correct Answer Incorrect Answer

      Solution

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