Answer : 3 5% Explanation : Answer: C) 5% Explanation: C.I = P1 r100t-1 594.5 = 58001 r1002-1 594.55800 1=1 r1002 r100=1.05-1=0.05=

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Sonika invested an amount of Rs.5800 for 2 years. At what rate of compound interest will she get an amount of Rs.594.50 at the end of 2 years ?