The compound interest of ₹ 4,900 is ₹ 1661 for 2 years at a certain rate of interest, compounded annually. What is the rate of interest per annum in…
CA Foundation · Quantitative Aptitude · PYQS · September 2025
The compound interest of ₹ 4,900 is ₹ 1661 for 2 years at a certain rate of interest, compounded annually. What is the rate of interest per annum in percentage?
Suggested Answer and Working Notes:
Correct Answer: Option (D)
D. 15.71
Topics: Part-A: Business Mathematics
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