If Rs. 1000 amounts to Rs. 1166.40 in two years compounded annually, F – McqOptions

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1.	If Rs. 1000 amounts to Rs. 1166.40 in two years compounded annually, Find the rate of interest per annum.
A.	2% p.a
B.	4% p.a
C.	6% p.a
D.	8% p.a
Answer» E.

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