Mathematics
Medium
Question
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%
✓ Official correct answer
D
15%
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
5%
No member explanations yet for this option.
B
6%
No member explanations yet for this option.
C
10%
No member explanations yet for this option.
D
15%
No member explanations yet for this option.