Rajeev invested Rs. 4500 for 2 years at compound interest in a company which paid him interest of Rs. 1980. What will be the rate of interest (in percent) at which Rajeev invested his money?

Rajeev invested Rs. 4500 for 2 years at compound interest in a company

1.	Rajeev invested Rs. 4500 for 2 years at compound interest in a company which paid him interest of Rs. 1980. What will be the rate of interest (in percent) at which Rajeev invested his money?
A.	10
B.	15
C.	20
D.	18
Answer» D. 18

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Rajeev invested Rs. 4500 for 2 years at compound interest in a company which paid him interest of Rs. 1980. What will be the rate of interest (in percent) at which Rajeev invested his money?

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