Teaching Rajasthan 3rd Grade REET Mains (Level I & II) Mock Test Quantitative Aptitude Interest Compound Interest
A sum amounts to Rs. 3600 in 2 years and amounts to Rs. 4320 in 3 years on compound interest (compounding annually). What is the rate of interest per annum?
1
25 percent
2
35 percent
3
20 percent
4
15 percent