Mathematics
Medium
Question
Jameel invested an amount of Rs.17400 for two years. Find the rate of compound interest that will fetch him an amount of Rs.1783.50 at the end of two years?
A
8% p.a.
B
6% p.a.
C
4% p.a.
D
5% p.a.
✓ Official correct answer
Community credibility
Registered members can vote for the answer they believe is correct today and explain why. If the facts change after an election or news event, suggest a new option so others can vote it up.
A
8% p.a.
No member explanations yet for this option.
B
6% p.a.
No member explanations yet for this option.
C
4% p.a.
No member explanations yet for this option.
D
5% p.a.
No member explanations yet for this option.