An amount of money grows upto ₹ 4850 in 2 years and upto ₹5335 in 3 years on compound interest. The yearly rate of interest is:

An amount of money grows upto ₹ 4850 in 2 years and upto ₹5335 i

1.	An amount of money grows upto ₹ 4850 in 2 years and upto ₹5335 in 3 years on compound interest. The yearly rate of interest is:
A.	8%
B.	9%
C.	10%
D.	10.5%
Answer» D. 10.5%

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An amount of money grows upto ₹ 4850 in 2 years and upto ₹5335 in 3 years on compound interest. The yearly rate of interest is:

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