A certain sum invested on compound interest grows to Rs. 8,000 and Rs. 27,000 in three and six years, respectively when the interest is compounded annually, what is the percentage rate of interest?

A certain sum invested on compound interest grows to Rs. 8,000 and Rs.

1.	A certain sum invested on compound interest grows to Rs. 8,000 and Rs. 27,000 in three and six years, respectively when the interest is compounded annually, what is the percentage rate of interest?
A.	10%
B.	0.5%
C.	50%
D.	25%
Answer» D. 25%

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A certain sum invested on compound interest grows to Rs. 8,000 and Rs. 27,000 in three and six years, respectively when the interest is compounded annually, what is the percentage rate of interest?

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