Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Quantitative Aptitude Interest Compound Interest
'A' invests Rs. 10,000 for 3 years at a certain rate of interest. At the end of the second year. it amounts to Rs. 11,664. Calculate the rate of interest per annum, if interest is compounded annually.
1
7.9
2
8.5
3
8.7
4
8.0