Question

The simple interest received after 5 years on Rs. (x + 500) at the rate of 20% p.a. is Rs. (2x – 1500). The amount received on Rs. 3x when invested at 40% p.a. compound interest, compounded annually for 2 years can be:

A 15060
B 13670
C 11690
D 12440
E 11760
Practice Next

Hey! Ask a query