A sum of money on compound interest amounts to Rs. 10648 in 3 years and Rs. 9680 in 2 years. The rate of interest per annum is=?

A sum of money on compound interest amounts to Rs. 10648 in 3 years an

1.	A sum of money on compound interest amounts to Rs. 10648 in 3 years and Rs. 9680 in 2 years. The rate of interest per annum is=?
A.	%
B.	0%
C.	5%
D.	0%
Answer» C. 5%

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A sum of money on compound interest amounts to Rs. 10648 in 3 years and Rs. 9680 in 2 years. The rate of interest per annum is=?

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