Question

A sum when invested at simple interest of 10% p.a. becomes Rs. 2,100 in 5 years.
If the same sum was invested at compound interest of 20% p.a. for 2 years, then what would be the amount received after 2 years?

A Rs. 1,920
B Rs. 2,016
C Rs. 2,100
D Rs. 2,160
E Rs. 2,304
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