A sum amounts to Rs. 1210 in 2 years when invested at compound interest. If principal is Rs. 1000, then what is the rate of interest (in %)?

A sum amounts to Rs. 1210 in 2 years when invested at compound interes

1.	A sum amounts to Rs. 1210 in 2 years when invested at compound interest. If principal is Rs. 1000, then what is the rate of interest (in %)?
A.	10
B.	20
C.	15
D.	12
Answer» B. 20

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A sum amounts to Rs. 1210 in 2 years when invested at compound interest. If principal is Rs. 1000, then what is the rate of interest (in %)?

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