Multiple Choice Questions on If the amount received at the end of 2nd and 3rd year at compound Interest on a certain Principal is........... for SSC CGL Exam Preparation

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Multiple Choice Questions

If the amount received at the end of 2nd and 3rd year at compound Interest on a certain Principal is...........

Quantitative Aptitude (CGL) Compound Interest
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    If the amount received at the end of 2nd and 3rd year at compound Interest on a certain Principal is Rs 9,600 and Rs 10,272 respectively, what is the rate of interest (in %)?

    7

    Correct Answer

    8

    Incorrect Answer

    6

    Incorrect Answer

    5

    Incorrect Answer
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    Explanation:

    the compound interest rate =(10272-9600)*100/9600=7

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