On a certain sum of money the compound interest for 2 years is Rs. 282.15 and the simple interest for the same period of time is Rs. 270. The rate of interest per annum is=?

On a certain sum of money the compound interest for 2 years is Rs. 282

1.	On a certain sum of money the compound interest for 2 years is Rs. 282.15 and the simple interest for the same period of time is Rs. 270. The rate of interest per annum is=?
A.	.07%
B.	0%
C.	%
D.	2.15%
Answer» D. 2.15%

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On a certain sum of money the compound interest for 2 years is Rs. 282.15 and the simple interest for the same period of time is Rs. 270. The rate of interest per annum is=?

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