Question

span >A man invested a certain amount of sum at 10% per annum simple interest and earned an interest of Rs. 3000 after 5 years. If the same amount is invested at 25% per annum compound interest, compounded annually for two years then the interest would be:

A Rs. 4625
B Rs. 5225
C Rs. 4641
D Rs. 4468
E Rs. 3375
Practice Next

More Simple and compound interest Questions

Hey! Ask a query