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Discussion :: IBPS BANK EXAM TEST 5

  1. The compound interest accrued in 2 years on a principal of Rs. 16.250 is Rs. 5616. What is the rate of interest p.c.p.a ?
    2. A.

    22
    B.

    16
    C.

    18
    D.

    Cannot be determined
    E.

    None of these

    View Answer

    Workspace

    View Answer

    Answer : Option B

    Explanation :

    16% per annum

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