A woman invests Rs. 2000 at the start of each year at 5% C.I. per annum. How much will her investments be at the end of the 2nd year?
A) Rs. 4305 B) Rs. 430 C) Rs. 4355 D) Rs. 4350
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Answered by
0
Answer:
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Answered by
1
Answer:
A) 4305
Step-by-step explanation:
interest after first year = 105% of 2000
= 105(2000)÷100
= 2100
amount after first year = 2100
principal for second year = 2100+2000 = 4100
interest after second year = 105% of 4100
= 105(4100)÷100
= 4305
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