Q. If Rs 2500 becomes to Rs 2970.25 in 2 years at compound interest compounded annually, then what is the yearly rate of interest (in %)? - Study24x7
Social learning Network

Warning: include(./views/auth.php): failed to open stream: Permission denied in /var/www/html/live/loginRightSlider.php on line 18

Warning: include(): Failed opening './views/auth.php' for inclusion (include_path='.:/usr/share/php') in /var/www/html/live/loginRightSlider.php on line 18
Topline Coaching
3631 followers study24x7 09 Apr 2020 01:02 PM study24x7 study24x7

Q. If Rs 2500 becomes to Rs 2970.25 in 2 years at compound interest compounded annually, then what is the yearly rate of interest (in %)?

A

7

B

9

C

11

D

13

SSC
Like Comment Share
study24x7
Write a comment
Related Questions
500+   more Questions to answer

Popular Courses

Post Graduate Certificate in Invest... Beginners Level English By Investment Banking 590,000 625,000 6% off
Reasoning Special by Parwez Sir for... All Levels हिन्दी By Reasoning special by Parwez Alam
SSC CGL, CPO, CHSL, GD Comprehensiv... All Levels English By Topline Coaching 3,999 5,499 27% off
Delhi Police Constable 2020 Live on... All Levels English By PARINAM COACHING CENTRE PVT LTD 1,499 2,499 40% off
Math Special Course for SSC CGL, CP... All Levels हिन्दी By Topline Coaching 999 1,499 33% off
English Special Course for SSC CGL,... All Levels English By Topline Coaching 999 1,499 33% off
Featured Courses
Popular Pages

Featured Courses

Post Graduate Certificate in Investment Banking Beginners Level English By Investment Banking 590,000 0.0
Reasoning Special by Parwez Sir for all Government... All Levels हिन्दी By Reasoning special by Parwez Alam
FREE
5.0
BESTSELLER
SSC CGL, CPO, CHSL, GD Comprehensive Course All Levels English By Topline Coaching 3,999 5.0
Ratio,Proportion and Partnerships for Bank and SSC... All Levels हिन्दी By logicalangle
FREE
5.0
G.S. Foundation Premium Course All Levels हिन्दी By RAU IAS COACHING 2,199 5.0
English Special Course for SSC CGL, CPO, GD All Levels English By Topline Coaching 999 5.0
Online Free SSC Mock Tests All Levels English By Topline Coaching
FREE
4.5
Math Special Course for SSC CGL, CPO, GD All Levels हिन्दी By Topline Coaching 999 5.0

Popular Pages

Reasoning special by Parwez Alam

147 followers

SAT (Scholastic Assessment Test)

18 followers

Study24x7

1246 followers

Henry Harvin

70 followers

CBSE Study Materials

100 followers

Get the App

Download the Study24x7 App, so you can connect and collaborate.

study24x7
study24x7
Most Related Articles