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A sum of money is deposited for 2 years with different rates of compound interest for different years. The sum becomes Rs. 12X in 1 year and Rs. 13X in 2 years. If the sum increases by 12.67% in two years, what was the rate of interest in the first year?a)6.25b)6.67c)5d)4Correct answer is option 'D'. Can you explain this answer? for SSC CGL 2024 is part of SSC CGL preparation. The Question and answers have been prepared according to the SSC CGL exam syllabus. Information about A sum of money is deposited for 2 years with different rates of compound interest for different years. The sum becomes Rs. 12X in 1 year and Rs. 13X in 2 years. If the sum increases by 12.67% in two years, what was the rate of interest in the first year?a)6.25b)6.67c)5d)4Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for SSC CGL 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A sum of money is deposited for 2 years with different rates of compound interest for different years. The sum becomes Rs. 12X in 1 year and Rs. 13X in 2 years. If the sum increases by 12.67% in two years, what was the rate of interest in the first year?a)6.25b)6.67c)5d)4Correct answer is option 'D'. Can you explain this answer?.

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