If the compound interest on a certain sum for $2$ years is ₹ $60.60$ and the simple interest is ₹ $60$, then the rate of interest per annum (In $\%$) is

  • A

    $2$

  • B

    $3$

  • C

    $4$

  • D

    None of these

Similar Questions

Find the difference between $C.I. \& S.I.$ on $Rs. 15000$ at $3 \%$ per annum for $3$ years?

In year $2008,5000$ students were admitted in a college. It is found that the number of students admitted is constantly increasing by $24$ per cent per year. How many students will be admitted in the college in the year $2010 ?$

A sum of money at compound interest amounts to thrice itself in $3$ years. In how many years will it be $9$ times itself?

The compound interest (In ₹) on ₹ $10000$ at $20 \%$ per annum at the end of $1$ year $6$ months if the interest is calculated half-yearly will be

What would be the compound interest (In ₹) accrued on an amount of ₹ $7,400$ @ $13.5$ $p.c.p.a.$ at the end of two years? (rounded off to two digits after decimal)