state gov WBPSC Food SI Mock Test 2023 Quantitative Aptitude Interest Compound Interest

The compound interest on a sum of Rs. 1,250 for two years is Rs. 102 when interest is compounded annually at a certain rate per cent p.a. What is the rate of interest per annum?

1
3.5%
2
4.08%
3
4%
4
3.9%
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