A sum of money after a period of 2 years becomes Rs. 34,560, and it becomes Rs. 41,472 after a period of three years, being compounded at 'R' rate of interest. What is the value of R?
A. 20%
B. 12%
C. 25%
D. 10%
Answer: Option A
This Question Belongs to Arithmetic Ability >> Compound Interest
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