If the amount received at the end of 2nd and 3rd year as Compound Interest on a certain Principal is Rs. 3, 600, and Rs. 3, 924 respectively, what is the rate of interest (in % p.a.)?

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

1.	If the amount received at the end of 2nd and 3rd year as Compound Interest on a certain Principal is Rs. 3, 600, and Rs. 3, 924 respectively, what is the rate of interest (in % p.a.)?
A.	10
B.	11
C.	9
D.	12
Answer» D. 12

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If the amount received at the end of 2nd and 3rd year as Compound Interest on a certain Principal is Rs. 3, 600, and Rs. 3, 924 respectively, what is the rate of interest (in % p.a.)?

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