A certain sum grows upto R.s 4840 in 2 years and upto R.s 5324 in 3 years on compound interest. Find the rate per cent.

Question:

A certain sum grows upto R.s 4840 in 2 years and upto R.s 5324 in 3 years on compound interest. Find the rate per cent.

A5%

B10%

C15%

D20%

Answer:

B. 10%

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