Find the rate percent per annum, if Rs. 2000 amounts to Rs. 2,315.25 in a year and a half,interest being compounded half yearly.

Find the rate percent per annum, if Rs. 2000 amounts to Rs. 2,315.25 i

1.	Find the rate percent per annum, if Rs. 2000 amounts to Rs. 2,315.25 in a year and a half, interest being compounded half yearly.
A.	11.5%
B.	10%
C.	5%
D.	20%
Answer» C. 5%

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Find the rate percent per annum, if Rs. 2000 amounts to Rs. 2,315.25 in a year and a half,interest being compounded half yearly.

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Find the rate percent per annum, if Rs. 2000 amounts to Rs. 2,315.25 in a year and a half,
interest being compounded half yearly.