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The compound interest on a certain sum f...

The compound interest on a certain sum for 2 years is ₹ 756 and SI (simple interest) is ₹ 720. If the sum is invested such that the SI is ₹ 900 and the number of years is equal to the rate' per cent per annum, find the rate per cent:

A

4

B

5

C

6

D

`1.0`

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Knowledge Check

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    B
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    C
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    D
    `9(1)/(2)%`

  • The simple interest on a sum of money is 1/144 of the principal and the number of years is equal to the rate per cent per annum. What will be the rate per cent per annum?

    A
    `(3)/(5)%`
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