Kishan borrowed a certain sum from the bank. The bank charges a simple interest of 10 % per annum. Kishan later realized that he no longer needs the entire money. So he lent 60 percent of the borrowed sum to Vikas at the rate of 20% per annum compounded annually. At the end of 3 years, Vikas paid him a sum of Rs. 1555200. How much amount(in Rs.) will Kishan pay to the bank if he repays the entire loan at the end of 4 years?

Kishan borrowed a certain sum from the bank. The bank charges a simple

1.	Kishan borrowed a certain sum from the bank. The bank charges a simple interest of 10 % per annum. Kishan later realized that he no longer needs the entire money. So he lent 60 percent of the borrowed sum to Vikas at the rate of 20% per annum compounded annually. At the end of 3 years, Vikas paid him a sum of Rs. 1555200. How much amount(in Rs.) will Kishan pay to the bank if he repays the entire loan at the end of 4 years?
A.	2400000
B.	2700000
C.	2100000
D.	2500000
E.	2000000
Answer» D. 2500000

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