Question

Kamal invested Rs. 6,250 in scheme ‘A’ offering simple interest of 13% p.a. 4 years later, he reinvested the entire interest earned from scheme ‘A’ in another scheme ‘B’ offering compound interest of 10% p.a compounded annually. Find the total amount received from scheme ‘B’ after 2 years.

A Rs.2,149.28
B Rs.5,149.28
C Rs.7,149.28
D Rs.3,932.50
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