A sum of money becomes eight times of Itself in 3years at compound interest.The rate of Interest per annum is

A sum of money becomes eight times of Itself in 3years at compound interest.The rate of Interest per annum is
1). 100%
2). 80%
3). 20%
4). 10%

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1. What sum will give Rs.244 as the difference between simple interest and compound interest at 10% In 1 1/2 years compounded half yearly

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