If Rs. 600 amounts to Rs. 699.84 in two years, when it is compounded annually, then the rate of interest per annum is:

If Rs. 600 amounts to Rs. 699.84 in two years, when it is compounded a

1.	If Rs. 600 amounts to Rs. 699.84 in two years, when it is compounded annually, then the rate of interest per annum is:
A.	10%
B.	8.5%
C.	8%
D.	9%
Answer» D. 9%

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If Rs. 600 amounts to Rs. 699.84 in two years, when it is compounded annually, then the rate of interest per annum is:

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