A sum of money on compound interest amou...

A sum of money on compound interest amounts `Rs. 10648` in 3 years and `Rs. 9680` in 2 years. The rate of interest per annum is:

A

` 5%`

B

`10%`

C

`15%`

D

`20%`

Verified by Experts

Similar Questions

Explore conceptually related problems

A sum of money invested at compound interest amounts to Rs800 in 3 years and to Rs840 in 4 years.The rate of interest per annum is

A sum of money on compound interest amount to Rs. 9680 in 2 years and to Rs. 10648 in 3 years. What is the rate of interest per annum?

A sum of money at simple interest amounts to Rs.1,012 in 2 1/2 years and to Rs. 1,067.20 in 4 years. The rate of interest per annum is :

A sum of money at compound interest amounts to Rs. 4050 in one year and to Rs. 4723.92 in 3 years. Find the rate of interest per annum.

A certain sum of money at compound interest grows up to Rs 12960 in 2 years and up to Rs. 13176 in 3 years. Find the rate of interest per annum.

Sum of money invested at compound interest amounts to Rs. 4624 in 2 years and Rs. 4913 in 3 years. The sum of money is-