Mathematics · Compound Interest
The compound interest (compounding half-yearly) received on Rs. 18000 for 2 years is Rs. 19324.8. What is the rate of interest per annum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 130 percent
- 235 percent
- 340 percent✓
- 450 percent
Correct answer
40 percent
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