Q. SBI lent RS. 1331 lakh to the TATA group at compound interest and got RS. 1728 lakh after 3 yr. What is the rate of interest charged, if compounded annually?

  • (A) 11%
  • (B) 9.09%
  • (C) 12%
  • (D) 8.33%
βœ… Correct Answer: (B) 9.09%

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