Question

Rahul invested Rs. 2450 at a 40% per annum simple interest rate for 'y' years, and this investment yielded a total amount of Rs. 4410. Find the interest earned when Rahul invests Rs. 3500 in a compound interest account with an annual interest rate of 30%, compounded annually for 'y' years.

A Rs.2415
B Rs.2400
C Rs.2500
D Rs.2000
E none of these
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