Question

Rohit invested a certain amount at the rate of 6 p.c.p.a. and obtained a simple interest of Rs 8,730 at the end of 3 years. What amount of compound interest would he obtain on the same amount at the same rate of interest at the end of 2 years?

A Rs 5,820
B Rs 5,949.60
C Rs 5,900
D Rs 5,994.60
E None of these
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