Mathematics
Medium
Question
Compound interest earned on a sum for the second and the third years are Rs.1200 and Rs.1440 respectively. Find the rate of interest?
A
18% p.a.
B
22% p.a.
C
20% p.a.
✓ Official correct answer
D
24% p.a.
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A
18% p.a.
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B
22% p.a.
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C
20% p.a.
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D
24% p.a.
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