Question

Rs.2,00,000 is invested for 4 years at yearly compounded interest such that the rate of interest is$10\%$;per annum for first 2 years and$30\%$per annum for last 2 years. What will be the sum of money after 4 years?

• A. Rs.3,47,810
• B. Rs.3,78,280
• C. Rs.3,99,990
• D. Rs.4,08,980

Answer 1

Answer: (D)

Rs.4,08,980

Answer 2

The correct answer is (D);Rs.4,08,980