An amount of money at compound interest grows up to Rs. 3,840 in 4 yea – McqOptions

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1.	An amount of money at compound interest grows up to Rs. 3,840 in 4 years and up to Rs. 3,936 in 5 years. Find the rate of interest.
A.	3.5 %
B.	2.05 %
C.	2.5 %
D.	2 %
Answer» D. 2 %

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