A sum of Rs 5,000 amounts to Rs 7,200 in 8 years at a certain rate per – McqOptions

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1.	A sum of Rs 5,000 amounts to Rs 7,200 in 8 years at a certain rate percent p.a, interest compounded yearly. What will be the compound interest on a sum of Rs.6,550 in 4 years at the same rate of interest?
A.	Rs. 1,290
B.	Rs.1,310
C.	Rs. 1285
D.	Rs. 1,415
Answer» C. Rs. 1285

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