Question

The interest earned when a sum is invested at simple interest of 25% p.a., for 3 years, is Rs. 1875. What will be the total amount received after 2 years on investing the same sum at compound interest (compounded annually) of 14% interest p.a.?

A Rs. 3249
B Rs. 3209
C Rs. 3250
D Rs. 3549
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