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At what rate of interest should Kumar invest a sum of Rs 1200 so that it becomes Rs 1348.32 in 2 years Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses No worries! We‘ve got your back. Try BYJU‘S free classes today! No worries! We‘ve got your back. Try BYJU‘S free classes today! No worries! We‘ve got your back. Try BYJU‘S free classes today! No worries! We‘ve got your back. Try BYJU‘S free classes today! Solution The correct option is A 6%Let the rate of interest be R 134832=1200(1+R100)2(1+R100)2=1348.301200(1+R100)2=1123610000(1+R100)=106100R=6% (adsbygoogle = window.adsbygoogle || []).push({});
Post your comments here:Name *: Email : (optional) » Your comments will be displayed only after manual approval. At what rate of compound interest per annum will sum of Rs 1200 becomes 1348.32 in 2 year?134832=1200(1+R100)2(1+R100)2=1348.301200(1+R100)2=1123610000(1+R100)=106100R=6%
At what rate of compound interest per annum will a sum of 1200 becomes 1348.32 in 2 years a 4% B 3% C 6% D 5%?Then, 1200×(1+R100)2=1348.321200×(1+R100)2=1348.32%
At what rate of compound interest per annum will a sum of Rs 1200 become Rs 1323 in 2 years?r=5%.
At what rate of compound interest per annum will a sum of rupees 1200 become 1399 point 68 into years?⇒ R = 6% per annum.
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