Question

A and B started a business with initial investments of Rs. 26000 and Rs. 27000 respectively. After one year, a profit of Rs. 10600 is earned. A being a working partner gets 16% 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. 1073.44
B Rs. 1203.44
C Rs. 1273.44
D Rs. 1270.40
E None of these
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