At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years ?

At what rate of compound interest per annum will a sum of Rs. 1200 bec

1.	At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years ?
A.	.5%
B.	.5%
C.	%
D.	.5%
Answer» D. .5%

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At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years ?

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