A sum of Rs. 2000 at 40% per annum compounded annually. Calculate the interest for the third year at compound interest.

A sum of Rs. 2000 at 40% per annum compounded annually. Calculate the

1.	A sum of Rs. 2000 at 40% per annum compounded annually. Calculate the interest for the third year at compound interest.
A.	1500
B.	1600
C.	1568
D.	1750
Answer» D. 1750

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A sum of Rs. 2000 at 40% per annum compounded annually. Calculate the interest for the third year at compound interest.

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