If the amount is 2 \(\frac{1}{4}\) times the sum after 2 years at compound interest, the rate of interest per annum is Options: A . &nbsp20 % B . &nbsp30% C . &nbsp40 % D . &nbsp50 %

If the amount is 2\(\frac{1}{4}\) times the sum after 2 years at compoun

Question

If the amount is 2\(\frac{1}{4}\) times the sum after 2 years at compound interest, the rate of interest per annum is

Options:

A . 20 %

B . 30%

C . 40 %

D . 50 %

Answer: Option D

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