Mathematics · Compound Interest
A sum of Rs. 40,000 becomes Rs. 56,244 in 2 years at compound interest compounded annually. What is the rate of interest per annum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 116.5%
- 218.5%✓
- 317.5%
- 428.5%
Correct answer
18.5%
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Compound Interest MCQs →Want more practice questions on Compound Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Compound Interest