` 2000 amounts to ` 2226.05 in 2 years at compound interest. What will be the rate of interest? · ABC26GN4162

Subject: General Aptitude · Chapter: Compound Interest · Exam: E.S.I.C. 2006

` 2000 amounts to ` 2226.05 in 2 years at compound interest. What will be the rate of interest?
(a)5%
(b)5.25%
(c)5.5%
(d)6%
Answer
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Explanation
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Study loop for Compound Interest

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