Question

Find the amount when Rs.2560 is deposited in a bank for $1\frac{2}{5}$ years at 25% p.a. compounded annually?

• A. Rs.3200
• B. Rs.3520
• C. Rs.712
• D. Rs.4280

Answer 1

Answer: (B)

Rs.3520

Answer 2

The correct answer is (B): Rs.3520