The compound interest (compounded annually) on a sum of money invested for three years yields Rs. 800 and Rs. 840 in four years. The annual percentage rate of interest is:
A. 4.5%
B. 5.5%
C. 5%
D. 6%
Answer: Option C
This Question Belongs to Arithmetic Ability >> Compound Interest
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B. Rs. 121
C. Rs. 122
D. Rs. 123
E. None of these
A. 625
B. 630
C. 640
D. 650
E. None of these
A. Rs. 2160
B. Rs. 3120
C. Rs. 3972
D. Rs. 6240
E. None of these
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B. Rs. 3.06
C. Rs. 4.80
D. Rs. 8.30
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