An amount of rs 10000 becomes rs 4641 in two years if the interest is compounded half yearly. What is the rate of

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Q 2262680535.     An amount of rs 10000 becomes rs 4641 in two years if the
interest is compounded half yearly. What is the rate of
compound interest per cent per annum?
IBPS-CLERK 2017 Mock Prelims
A

10

B

20

C

16

D

12

E

None of these

#### HINT

(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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