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Salman invested certain sum in a scheme. He received the amounts of Rs. 21,780 and Rs. 23,958, respectively, for the second and the third year, when compounded annually. Find the rate of interest.a)12%b)14%c)8%d)10%Correct answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Salman invested certain sum in a scheme. He received the amounts of Rs. 21,780 and Rs. 23,958, respectively, for the second and the third year, when compounded annually. Find the rate of interest.a)12%b)14%c)8%d)10%Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Salman invested certain sum in a scheme. He received the amounts of Rs. 21,780 and Rs. 23,958, respectively, for the second and the third year, when compounded annually. Find the rate of interest.a)12%b)14%c)8%d)10%Correct answer is option 'D'. Can you explain this answer?.

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