Arithmetichard · Past Paper
At what rate percent per annum will Rs. 230.40 amount to Rs. 250 in 2 years CI?
A4%
B4.16%
C5%
D6%
✓ Correct Answer: B — 4.16%
250/230.4 = 1.085069. sqrt(1.085069) = 1.0416. Rate = 4.16%.
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