Solved IB Security Assistant Question
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Q · Compound IntetrestModerate · 45s
₹9000 amounts to ₹11,340 in 2 years under CI (annual). Find the rate p.a.
TopicCompound Intetrest
Question Typemultiple choice
DifficultyModerate
Marking+1 / −0.25
From TestChapter Test 1 (Chapter Test)
Test Duration30 min
Step-by-Step Solution
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Final Answer: Option A - 12.2%