If the rate of interest is 20% per annum, compounded yearly and the interest on a certain sum in the second year is Rs. 250, then what will be the interest on the same sum in the fifth year?

If the rate of interest is 20% per annum, compounded yearly and the in

1.	If the rate of interest is 20% per annum, compounded yearly and the interest on a certain sum in the second year is Rs. 250, then what will be the interest on the same sum in the fifth year?
A.	Rs. 360
B.	Rs. 432
C.	Rs. 518
D.	Rs. 400
Answer» C. Rs. 518

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If the rate of interest is 20% per annum, compounded yearly and the interest on a certain sum in the second year is Rs. 250, then what will be the interest on the same sum in the fifth year?

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