Examveda
Examveda

Rs. 4,000 is given at 5% per annum for one year and interest is compounded half yearly. Rs. 2,000 is given at 40% per annum compounded quarterly for 1 year. The total interest received is nearest to:

A. Rs. 1,444.40

B. Rs. 1,888.80

C. Rs. 1,130.70

D. Rs. 1,333.30

Answer: Option C


This Question Belongs to Arithmetic Ability >> Compound Interest

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