A sum of Rs. 12,000 amounts to Rs. 20,736 in 3 years at a certain rate percent per annum, interest compounded annually. What will amount of the same sum to in 2 years at the same rate on compound interest?

A sum of Rs. 12,000 amounts to Rs. 20,736 in 3 years at a certain rate

1.	A sum of Rs. 12,000 amounts to Rs. 20,736 in 3 years at a certain rate percent per annum, interest compounded annually. What will amount of the same sum to in 2 years at the same rate on compound interest?
A.	Rs. 17,280
B.	Rs. 14,520
C.	Rs. 17,820
D.	Rs. 15,640
Answer» B. Rs. 14,520

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A sum of Rs. 12,000 amounts to Rs. 20,736 in 3 years at a certain rate percent per annum, interest compounded annually. What will amount of the same sum to in 2 years at the same rate on compound interest?

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