At what rate of interest will be Rs 20000 becomes Rs 24200 after 2 years when interest is compounded annually?
A. 5%
B. 6%
C. 10%
D. 15%
Answer:C
At what rate of interest will be Rs 20000 becomes Rs 24200 after 2 years when interest is compounded annually?
A. 5% B. 6% C. 10% D. 15%