A sum of money deposited at C.I. amounts to Rs.2420 in 2 years and to Rs.2662 in 3 years. Find the rate percent?
A.15%
B. 10%
C.7 1/2 %
D. 8%
Answer and Feedback
Answer:B
Feedback: 2420 --- 242
100 --- ? => 10%
100 --- ? => 10%