A sum amounts to Rs. 18,600 after 3 years and to Rs. 27,900 after 6 years, at a certain rate percent p.a, when the interest is compounded annually. The sum is:
A. Rs. 11,800
B. Rs. 12,400
C. Rs. 14,400
D. Rs. 14,600
Answer: Option B
This Question Belongs to Arithmetic Ability >> Compound Interest
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