A sum of money at compound interest amounts to Rs. 5,290 in 2 years and to Rs. 6,083.50 in 3 years. The rate of interest per annum is:

A sum of money at compound interest amounts to Rs. 5,290 in 2 years an

1.	A sum of money at compound interest amounts to Rs. 5,290 in 2 years and to Rs. 6,083.50 in 3 years. The rate of interest per annum is:
A.	1.2%
B.	15%
C.	18%
D.	16%
Answer» C. 18%

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A sum of money at compound interest amounts to Rs. 5,290 in 2 years and to Rs. 6,083.50 in 3 years. The rate of interest per annum is:

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