R Rakesh Kumar π Hard Worker β 28.44K Points π Business Mathematics Q. certain sum earns simple interest of Rs. 800 in 2 years at a certain rate of interest. If the same sum earns compound interest of Rs. 845 in the same period of 2 years, What must be the rate of interest? (A) 5% p.a. (B) 7.5% p.a. (C) 10% p.a. (D) 12.5% p.a. ποΈ Show Answer π¬ Discuss π Share β‘Menu β Correct Answer: (A) 5% p.a.