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A certain principal is invested in a sch...

A certain principal is invested in a scheme of compound interest. The amount obtained after 2 years is `Rs. 1210` and the amount obtained after 3 years is `Rs. 1331`. What is the rate of interest (In percentage)?

A

A) 5

B

B) 10

C

C) 15

D

D) 20

Text Solution

Verified by Experts

The correct Answer is:
B
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