A sum of money becomes Rs. 20925 in 2 years and Rs. 24412.50 in 5 years. Find the rate of interest and the sum of money.

A sum of money becomes Rs. 20925 in 2 years and Rs. 24412.50 in 5 year

1.	A sum of money becomes Rs. 20925 in 2 years and Rs. 24412.50 in 5 years. Find the rate of interest and the sum of money.
A.	.25%, Rs. 18600
B.	.75%, Rs. 17775
C.	%, Rs. 18000
D.	%, Rs. 17560
Answer» B. .75%, Rs. 17775

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A sum of money becomes Rs. 20925 in 2 years and Rs. 24412.50 in 5 years. Find the rate of interest and the sum of money.

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