Question

The interest earned on investing Rs. 9000 for 2 years at the rate of 10% p.a., compounded annually, is used to purchase an article. If the article is later sold at 27% profit, then find the selling price of the article.

A Rs. 2300.3
B Rs. 2500.3
C Rs. 2400.3
D Rs. 2600.3
E None of these
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