A bank gives Rs. 25,000 on a saving a certain principal in 2 years at 8% rate of interest. How much will the bank give (in Rs.) on the same principal in 4 years at the same rate of interest compounded annually?

A bank gives Rs. 25,000 on a saving a certain principal in 2 years at

1.	A bank gives Rs. 25,000 on a saving a certain principal in 2 years at 8% rate of interest. How much will the bank give (in Rs.) on the same principal in 4 years at the same rate of interest compounded annually?
A.	27000
B.	29000
C.	29160
D.	27080
Answer» D. 27080

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A bank gives Rs. 25,000 on a saving a certain principal in 2 years at 8% rate of interest. How much will the bank give (in Rs.) on the same principal in 4 years at the same rate of interest compounded annually?

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