Question

A and B started a business with initial investments of Rs. 28000 and Rs. 35000 respectively. After one year, a profit of Rs. 10000 is earned. A being a working partner gets 10% 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 12% compound interest compounded annually. Find the interest earned by A after 2 years.

A Rs. 1272
B Rs. 1072
C Rs. 1202
D Rs. 1270
E None of these
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