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. 3990, find the monthly expenditure of the man which is 55% of his monthly salary. 

A Rs. 38080
B Rs. 44880
C Rs. 47700
D Rs. 26125
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