Question

The simple interest received on investing Rs. 'Y' for 5 years at simple interest of 8% p.a. is Rs. 2,400. Find the total amount received on investing Rs. (Y + 1000) for 2 years at compound interest of 10% p.a., compounded annually.

A Rs 7700
B Rs 8470
C Rs 8800
D Rs 9240
E Rs 9680
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