Correct Answer: Option C
A = P (1+ r/100)n
26973 = 14800 (1+ r/100)²
( 1+ r/100)² = 26973/14800
(1+ r/100)² = 26973/14800
1 + r/100 = √26973/14800 = 13.5/10 = 1.35
r/100 = 1.35 – 1 = 0.35
r = 0.35 × 100 = 35%.
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