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Let the sum invested be Rs. 'P'. ATQ; P X {1 + (r/100)}2 = 3600 ....... (I) P X {1 + (r/100)}3 = 4320 ....... (II) On dividing equation (II) by equation (I), we have; {1 + (r/100)} = 1.2 Or, 100 + r = 120 So, r = 20
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