If the amount received at the end of 2nd and 3rd year at compound Interest on a certain Principal is Rs. 9,600 and Rs. 10,272 respectively, what is the rate of interest (in %)?

If the amount received at the end of 2nd and 3rd year at compound Inte

1.	If the amount received at the end of 2nd and 3rd year at compound Interest on a certain Principal is Rs. 9,600 and Rs. 10,272 respectively, what is the rate of interest (in %)?
A.	7
B.	8
C.	6
D.	5
Answer» B. 8

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If the amount received at the end of 2nd and 3rd year at compound Interest on a certain Principal is Rs. 9,600 and Rs. 10,272 respectively, what is the rate of interest (in %)?

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