Question

Anoop invested a sum at a simple interest rate of 8% per annum, and it grew to Rs.1,850 in 6 years. If the same sum is invested at a compound interest rate of 20% per annum for 2 years, what would be the amount received after 2 years?

A Rs.1,800
B Rs.1,900
C Rs.1,850
D Rs.1,500
E none of these
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