If the amount received at the end of 2nd and 3rd year at Compound Inte – McqOptions

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1.	If the amount received at the end of 2nd and 3rd year at Compound Interest on a certain Principal is Rs 1,800, and Rs 1,926 respectively, what is theÂ rate of interest?
A.	0.075
B.	0.07
C.	0.06
D.	0.065
Answer» C. 0.06

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