A certain sum of money amounts to Rs. 2420 in 2 years and Rs. 2662 in 3 years at same rate of compound interest - compounded annually the rate of interest per annum is:

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A certain sum of money amounts to Rs. 2420 in 2 years and Rs. 2662 in 3 years at same rate of compound interest - compounded annually the rate of interest per annum is: