On a certain sum of money the compound interest for 2 years is Rs. 290 – McqOptions

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1.	On a certain sum of money the compound interest for 2 years is Rs. 290 and the simple interest for the same period of time is Rs. 265. Find the percentage of rate per annum?
A.	7.365%
B.	18.86%
C.	10.267%
D.	11.896%
Answer» C. 10.267%

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