Multiple Choice Questions on Atul borrowed a sum of Rs12000 and agreed to repay it by paying Rs4800 at the end of first year and ........... for SSC CGL Exam Preparation

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Multiple Choice Questions

Atul borrowed a sum of Rs12000 and agreed to repay it by paying Rs4800 at the end of first year and ...........

Quantitative Aptitude (CGL) Compound Interest
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    Atul borrowed a sum of Rs12000 and agreed to repay it by paying Rs4800 at the end of first year and Rs9240 at the end of second

    year. Whatis the rate of compound interest compounded annually?

    This questions was previously asked in
    SSC CGL 24th August 2021 Shift-2
    View All ssc Previous Year Papers

    10%

    Correct Answer

    8%

    Incorrect Answer

    12%

    Incorrect Answer

    _{5}^{8}%

    Incorrect Answer
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