1.

A and B each borrowed equal sums for 3 years at a rate of 5% simple and compounded interest compounded annually, respectively. At the time of payment, B had to pay Rs. 427 more than A. The sum borrowed and the interest paid by B (in Rs.) were:

A. Rs. 56,000; Rs. 8,400
B. Rs. 48,000; Rs. 7,200
C. Rs. 48,000; Rs. 7,566
D. Rs. 56,000; Rs. 8,827
Answer» E.


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