Math MCQ: 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?

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?

Correct Answer: 9.09%

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WhatsApp+91 99922 70404Math MCQ: 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? | Extra Education