A sum at compound interest amounts to ₹6,050 in 2 years and ₹6,655 in 3 years. What is the rate of interest per annum?

A. 11%

B. 10%

C. 12%

D. 8%

Doubtly AI Asked 27 Oct 2026 AI-generated · not yet verified ssc cgl Save WhatsApp Report

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Answer: B. 10%

Answer: (B) 10%

Shortcut: the 3rd year's interest = 6,655 − 6,050 = ₹605, earned on ₹6,050. Rate = \(\frac{605}{6050} \times 100 = 10\%\).

Doubtly AI · 27 Oct 2026 AI-generated · not yet verified Report

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