Mathematics · Compound Interest
A certain amount P invested at a certain rate of interest (compounded annually) grows to ₹625 in 3 years and to ₹675 in 4 years. Find the annual rate of interest.
- 18% p.a.✓
- 216% p.a.
- 35% p.a.
- 410% p.a.
Correct answer
8% p.a.
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