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At what rate percent compound interest p...

At what rate percent compound interest per annum will 640 amount to Rs 774.40 in 2 years?

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To find the rate percent of compound interest per annum that will cause Rs. 640 to amount to Rs. 774.40 in 2 years, we can use the formula for compound interest. ### Step-by-Step Solution: 1. **Identify the variables:** - Principal (P) = Rs. 640 - Amount (A) = Rs. 774.40 - Time (n) = 2 years ...
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