Compound interest earned on a sum for the second and the third years a – McqOptions

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1.	Compound interest earned on a sum for the second and the third years are Rs.1200 and Rs.1440 respectively. Find the rate of interest?
A.	18% p.a.
B.	22% p.a.
C.	20% p.a.
D.	24% p.a.
E.	None of these.
Answer» D. 24% p.a.

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