Question

The simple interest on Rs. ‘p’ at 15% p.a. for 2 years is 450 more than the simple interest on Rs. (p + 1000) at 10% p.a. for 2.5 years. Find the compound interest on Rs. 'p' at 10% for 2 years.

A Rs.2900
B Rs.2540
C Rs.2940
D Rs.1940
E None of these
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