Question

A and B started a business with initial investments of Rs. 30000 and Rs. 40000 respectively. After one year, a profit of Rs. 8000 is earned. A being a working partner gets 23% of the profit for managing the business and rest of the profit is shared between them in the ratio of their investments. A invested his whole profit in a scheme offering 10% compound interest compounded annually. Find the interest earned by A after 2 years.

A Rs. 940.8
B Rs. 900.8
C Rs. 840.8
D Rs. 950.8
E None of these
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