engineering recuitment NIC NIELIT Scientist B 2023 Mock Test Quantitative Aptitude Interest Compound Interest
Rahul invested some amount of money to a bank in compound interest at R% p.a.. After two years the sum amounts to Rs. 12100 and after four years the sum amounts to Rs. 14641. Find the value of R. (in %)
1
10% p.a.
2
11% p.a.
3
10.5% p.a.
4
9.5% p.a.