Question

*For the principal of Rs 1500 the interest for the second year is Rs 96 more than that of first year.What should be the rate of compound interest?*

1️⃣ 6 %
2️⃣ 12 %
3️⃣ 8 %
4️⃣ can't say for sure​

Answer 1

Answer:

8percent

Step-by-step explanation:

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