1.

Interest earned by Ramesh on Rs.10,000 for 2 years at R% p.a. simple interest is how much more/less than interest earned by him on Rs. 8000 for 2 years at (R+10)% p.a. compounding annually. If Rs. 2000 is invested at 2R% p.a. simple interest for a year, then it would fetch an interest of Rs.400.

A. Rs.1220
B. Rs.1000
C. Rs. 1520
D. Rs. 930
E. Rs.1140
Answer» D. Rs. 930


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