At what rate percent per annum compound interest will a sum of $\text{Rs. } 625$ become $\text{Rs. } 676$ in $2$ years?
Options:
- A: 3\%
- B: 4\%
- C: 5\%
- D: 6\%
Related Practice Questions:
- A sum of ₹4000 is invested at compound interest for 2 years at a rate of 10% per annum. What will be the total amount at the end of 2 years?
- At what rate of simple interest per annum will a sum of money double itself in 8 years?
- The difference between the compound interest and simple interest on a certain sum of money for 2 years at 5% per annum is ₹25. Find the sum.
- The study of living organism :
Loading Preview