The compound interest on a certain sum for 2 years is Rs 82 and the simple interest is Rs 80. What is the rate of interest per annum ?

The compound interest on a certain sum for 2 years is Rs 82 and the

1.	The compound interest on a certain sum for 2 years is Rs 82 and the simple interest is Rs 80. What is the rate of interest per annum ?
A.	2 %
B.	3 %
C.	4 %
D.	5 %
Answer» E.

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The compound interest on a certain sum for 2 years is Rs 82 and the simple interest is Rs 80. What is the rate of interest per annum ?

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