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A sum of money invested at compound interest amounts in 3 years to Rs.2400 and in 4 years to Rs.2520. Find the interest rate per annum. A. 5% B. 6% C. 10% D. 12%

A sum of money invested at compound interest amounts in 3 years to Rs.2400 and in 4 years to Rs.2520. Find the interest rate per annum.
A. 5%
B. 6%
C. 10%
D. 12%

Grade:12th pass

1 Answers

Pawan Prajapati
askIITians Faculty 60787 Points
2 years ago
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