Vipul and Manish invested the sum on Rs. 15000 and Rs. 20000 at the rate of 20 percent p.a and 30 percent p.a. respectively on compound interest (compounding annually). If time period is 3 years for both, then what will be the total compound interest earned by Vipul and Manish?
A. Rs. 29460
B. Rs. 32480
C. Rs. 31688
D. Rs. 34860
Answer: Option D
Related Questions on Compound Interest
A. Rs. 120
B. Rs. 121
C. Rs. 122
D. Rs. 123
E. None of these
A. 625
B. 630
C. 640
D. 650
E. None of these
A. Rs. 2160
B. Rs. 3120
C. Rs. 3972
D. Rs. 6240
E. None of these
A. Rs. 2.04
B. Rs. 3.06
C. Rs. 4.80
D. Rs. 8.30
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