On investing Rs. 5,000 in a bank, A will get back Rs. 5,671 in 2 years. What is the compound rate of interest? - Study24x7
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Harsh Vardhan Singh
27 Jan 2023 05:32 PM study24x7 study24x7

On investing Rs. 5,000 in a bank, A will get back Rs. 5,671 in 2 years. What is the compound rate of interest?

A

5%

B

5.5%

C

6%

D

6.5%

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