A sum of money invested at compound interest amounts to Rs 2420 in 2 y – McqOptions

MCQOPTIONS

1.	A sum of money invested at compound interest amounts to Rs 2420 in 2 years. If the principal amount is Rs.2000. If so, what is the interest rate?
A.	15
B.	10
C.	8
D.	12
Answer» C. 8

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