Question

A sum of Rs. 9,600 grows to Rs. 12,696 when invested at an annual compound interest rate of 'R%' for 2 years. What is the value of 'R'?

A 20
B 12
C 18
D 15
E None of these
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)