Question

Rs. ’P’ invested at a rate of 15% p.a. compound interest (compounded annually) amounts to Rs. 8464 at the end of 2 years. Find the simple interest earned at the end of 6 years if the same amount is invested at the same rate.

A Rs. 5700
B Rs. 5560
C Rs. 5760
D Rs. 5460
E None of these
Practice Next

More Simple and compound interest Questions

Relevant for Exams:

Hey! Ask a query