A sum of money invested at compound interest amounts to Rs. 800 in 3 years arid Rs. 840 in 4 years. What is the rate of interest per annum ? 1) 2% 2) 4% 3) 5% 4) 10%
A sum of money invested at compound interest amounts to Rs. 800 in 3 years arid Rs. 840 in 4 years. What is the rate of interest per annum ?
1) 2%
2) 4%
3) 5%
4) 10%