A certain some of money and Rs. 2420 in 2 years and Rs. 2662 in 3 years at same

Question

A certain some of money and Rs. 2420 in 2 years and Rs. 2662 in 3 years at same rate of compound interest, compounded annually. The rate of interest per annum is = ?

Options:

A . 6%

B . 8%

C . 9%

D . 10%

Answer: Option D

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