A sum of money invested at compound interest amounts to Rs 800 in 3 ye – McqOptions

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1.	A sum of money invested at compound interest amounts to Rs 800 in 3 years and to Rs 840 in 4 years. The rate of interest per annum is ________
A.	5 %
B.	4 %
C.	20/3 %
D.	5/2 %
Answer» B. 4 %

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