A sum of money grows to Rs 200 after 1st year and to Rs 220 after 2nd year, at compound interest. The rate % is Options: A . &nbsp10 B . &nbsp15 C . &nbsp20 D . &nbsp30

A sum of money grows to Rs 200 after 1st year and to Rs 220 after 2nd year, a

Question

A sum of money grows to Rs 200 after 1st year and to Rs 220 after 2nd year, at compound interest. The rate % is

Options:

A . 10

B . 15

C . 20

D . 30

Answer: Option A

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