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A sum of money invested at compound Inte...

A sum of money invested at compound Interest amounts to `Rs. 800` in 3 years and to `Rs. 840`in 4 years. The rate of interest per annum is:

A

`3%`

B

`10%`

C

`5% `

D

`4% `

Text Solution

Verified by Experts

The correct Answer is:
C
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