By compounding annually, the compound interest on a sum of Rs. 4,900 in 2 years is Rs. 725. What is the rate of interest per annum?

1
\(9{{1} \over 7}\)%
2
\(8{{6} \over 7}\)%
3
\(7{{1} \over 7}\)%
4
\(3{{1} \over 2}\)%

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