Mathematics · Compound Interest
If ₹5000 becomes ₹9248 in 2 years at compound interest (compounded annually), then what is the annual rate of interest?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 142 percent
- 235 percent
- 332 percent
- 436 percent✓
Correct answer
36 percent
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