Question

A man deposited 40% of his salary to a bank which offers compound interest at the rate of 10% p.a. If the interest earned by him from the bank after 2 years is Rs. 2520, find the monthly expenditure of the man which is 52% of his monthly salary. 

A Rs. 34560
B Rs. 26500
C Rs. 55000
D Rs. 15600
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