if a principal is compounded annually it's becomes 4 times in 2 years, what should be the rate of growth

Suppose the principal amount to be compounded annually is Rs.P.
Time; T = 2 years
Also let the rate of growth is R.
Now, according to the question we have;
4P = P1+R10024 = 100+R10024 = 100+R21000040000 = 100+R2100+R = 40000100+R = 200R = 200-100 = 100

Therefore rate of growth is 100%.

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