Teaching Bihar Sakshamta Pariksha (Niyojit Shikshak) Mock Test 2024 Quantitative Aptitude Interest Compound Interest
A certain principal invested at compound interest payable yearly amounts to Rs. 10816.00 in 3 years and Rs. 11248.64 in 4 years. What is the rate of interest?
1
3%
2
4%
3
4.5%
4
5.5%