A man invested a sum of money at compoun...

A man invested a sum of money at compound interest. It amounted to Rs12100 in two years and to Rs13310 in three years. The rate of interest per annum is:

A

0.1

B

`12.5%`

C

0.11

D

`9.5%`

Verified by Experts

The correct Answer is:

A

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