insurence exam LIC ADO Mock Test 2023 Quantitative Aptitude Interest Compound Interest

A certain principal invested in a scheme of compound interest. The amount obtained after 1 year is Rs. 3900 and the amount obtained after 2 years is Rs. 5070. What is the rate of interest (in percentage)?

1
25
2
30
3
35
4
37.5
5
27
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