At what percentage rate, compound interest compounded annually for a sum of Rs. 40,000, will amount to Rs. 44,100 in two years?

At what percentage rate, compound interest compounded annually for a s

1.	At what percentage rate, compound interest compounded annually for a sum of Rs. 40,000, will amount to Rs. 44,100 in two years?
A.	2
B.	4
C.	7.5
D.	5
Answer» E.

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At what percentage rate, compound interest compounded annually for a sum of Rs. 40,000, will amount to Rs. 44,100 in two years?

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