Question

Pranav is an ambitious investor and he deposits 10,000 from his salary every month in a RD Account opened at Kotak Mahindra Bank. After depositing it for 2 years consecutively, he decides to withdraw 50% of the total accrued amount at that point. If he receives 1,27,622, what was the rate of interest offered by the bank?​

Answer 1

Answer:

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