A sum amounts to Rs. 7,562 in 4 years and to Rs. 8,469.44 in 5 years at a certain rate per cent per annum, when the interest is compounded yearly. The rate of interest is:

A sum amounts to Rs. 7,562 in 4 years and to Rs. 8,469.44 in 5 years a

1.	A sum amounts to Rs. 7,562 in 4 years and to Rs. 8,469.44 in 5 years at a certain rate per cent per annum, when the interest is compounded yearly. The rate of interest is:
A.	12%
B.	20%
C.	8%
D.	15%
Answer» B. 20%

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A sum amounts to Rs. 7,562 in 4 years and to Rs. 8,469.44 in 5 years at a certain rate per cent per annum, when the interest is compounded yearly. The rate of interest is:

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