Compound Interest (SSC) (Part-4)

11. A Sum amounts to Rs. 7,562 in 4 years and to Rs. 8,469.44 in 5 years at a certain rate percent per annum. When the interest is compounded annually, The rate of interest is: [SSC CPO 23/11/2020 (Morning)]

1. (a) 8%
2. (b) 12%
3. (c) 20%
4. (d) 15%