Mr. Sharma invested an amount of Rs. 25000 in a fixed deposit at compound interest 8% per annum for two years. What amount Mr. Sharma will get on maturity?

Mr. Sharma invested an amount of Rs. 25000 in a fixed deposit at compo

1.	Mr. Sharma invested an amount of Rs. 25000 in a fixed deposit at compound interest 8% per annum for two years. What amount Mr. Sharma will get on maturity?
A.	Rs. 28540
B.	Rs. 29160
C.	Rs. 29240
D.	Rs. 28240
Answer» C. Rs. 29240

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Mr. Sharma invested an amount of Rs. 25000 in a fixed deposit at compound interest 8% per annum for two years. What amount Mr. Sharma will get on maturity?

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