Find the rate percent per annum if Rs. 2000 amounts to Rs. 2315.25 in one and ha

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Find the rate percent per annum if Rs. 2000 amounts to Rs. 2315.25 in one and half years interest being compounded half yearly.

Options:

A . 10%

B . 11.5%

C . 5%

D . 20%

Answer: Option A

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