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 25088, and Rs 28098.56 respectively, what isÂ the rate of interest?
A.	6 percent
B.	24 percent
C.	12 percent
D.	19 percent
Answer» D. 19 percent

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