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At what rate of compound interest per annum will a sum of Rs 20000 become Rs 25088 in 2 years?

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At what rate of compound interest per annum will a sum of Rs 20000 become Rs 25088 in 2 years?
1). 24 percent
2). 8 percent
3). 12 percent
4). 16 percent

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1 answers

3 vote
Answered by on | Votes 3 |
option 3 is the right answer

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