What is the rate of interest (in $\%$) if simple interest earned on a certain sum for the $3^{rd}$ year is $₹ 2,000$ and compound interest earned in $2$ years is $₹ 4,160$?

  • A
    $8$
  • B
    $10$
  • C
    $12$
  • D
    $6$

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