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If 30000 becomes 39930 in 1.5 years at c...

If 30000 becomes 39930 in 1.5 years at certain rate of interest then find the rate of interest if interest is compounded semi-annually?

A

`10%`

B

`25%`

C

`20%`

D

`8%`

Text Solution

Verified by Experts

The correct Answer is:
C
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