Question

A and B started a business with initial investments of Rs. 15000 and Rs. 25000 respectively. After one year, a profit of Rs. 16000 is earned. A being a working partner gets 25% 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 20% compound interest compounded annually. Find the interest earned by A after 2 years.

A Rs. 3740
B Rs. 3640
C Rs. 3700
D Rs. 3770
E None of these
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