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Correct Answer: Description for Correct answer: \( \Large 1348.32=1200 \left(1+\frac{R}{100}\right)^{2}\) \( \Large \frac{134832}{120000}= \left(1+\frac{R}{100}\right)^{2}\) \( \Large \frac{2809}{2500}= \left(1+\frac{R}{100}\right)^{2}\) \( \Large \frac{53}{50}=1+\frac{R}{100} \) R= 6 % Part of solved Simple and compound interest questions and answers : >> Aptitude >> Simple and compound interest 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%
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 a sum 1200 become 1348.32 in 2 years?134832=1200(1+R100)2(1+R100)2=1348.301200(1+R100)2=1123610000(1+R100)=106100R=6% Q.
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 Rs 1400 become Rs 1573.04 in 2 years?Compound Interest #10. At what rate percent per annum will Rs 640 amount to Rs 774.40 in 2 years when compounded annually?Answer : 10% p.a.
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