A man gets a simple interest of Rs. 1,000 on a certain principal at the rate of 5 p.c.p.a. in 4 years. What compound interest will the man get on twice the principal in two years at the same rate ?

A man gets a simple interest of Rs. 1,000 on a certain principal at

1.	A man gets a simple interest of Rs. 1,000 on a certain principal at the rate of 5 p.c.p.a. in 4 years. What compound interest will the man get on twice the principal in two years at the same rate ?
A.	Rs. 1325
B.	Rs. 1225
C.	Rs. 1125
D.	Rs. 1025
Answer» E.

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A man gets a simple interest of Rs. 1,000 on a certain principal at the rate of 5 p.c.p.a. in 4 years. What compound interest will the man get on twice the principal in two years at the same rate ?

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