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 16854, and Rs 17865.24 respectively, what is theÂ rate of interest?
A.	3 percent
B.	12 percent
C.	6 percent
D.	10 percent
Answer» D. 10 percent

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