On an amount, simple interest received at the annual rate of 15 percent for 8 years is Rs. 14400. What will be the compound interest on same amount at the annual rate of 20 percent compounding annually for 2 years ?

On an amount, simple interest received at the annual rate of 15 percen

1.	On an amount, simple interest received at the annual rate of 15 percent for 8 years is Rs. 14400. What will be the compound interest on same amount at the annual rate of 20 percent compounding annually for 2 years ?
A.	Rs. 5480
B.	Rs. 5570
C.	Rs. 5280
D.	Rs. 5680
Answer» D. Rs. 5680

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On an amount, simple interest received at the annual rate of 15 percent for 8 years is Rs. 14400. What will be the compound interest on same amount at the annual rate of 20 percent compounding annually for 2 years ?

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