Question
Quantitative Ability and Data Interpretation Question on SI & CI
A certain amount of money at compound interest grows to 66,550 in 3 years and 73,205 in 4 years. The rate percent per annum is:
A
0.1
B
0.09
C
0.05
D
0.11
Answer
0.1
Explanation
Solution
The correct option is (A): 0.1