Question

A man invested an amount at the rate of 10% p.a. on compound interest and after two years he again invested half of the initial amount. If man got Rs. 457.2 Rs. as interest after three years, find the amount received by man after three years, if he invested same amount on simple interest at rate of 15% p.a.?
A) 1740 Rs. B) 1760 Rs. C) 1720 Rs. D) 1780 Rs.

Answer 1

Step-by-step explanation:

20Q:

A man invested an amount at the rate of 10% p.a. on compound interest and after two years he again invested half of the initial amount. If man got Rs. 457.2 Rs. as interest after three years, find the amount received by man after three years, if he invested same amount on simple interest at rate of 15% p.a.?

A) 1740 Rs.

B) 1760 Rs.

C) 1720 Rs.

D) 1780 Rs.