If principal amount of Rs. 400 is invested, it gives Rs. 408 at the end of a year, if compound interest is calculated annually. Find the rate of interest.

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KPTCL Assistant Exam (Mescom) SLOT-1 7-MAY­-2017 click here to view all questions

If principal amount of Rs. 400 is invested, it gives Rs. 408 at the end of a year, if compound interest is calculated annually. Find the rate of interest.

A3

B2

C1

D5

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