On a certain sum of money, compound interest earned at the end of three years = Rs. 1456. Compoundinterest at the end of two years is Rs. 880. Compute the principal invested.

On a certain sum of money, compound interest earned at the end of thre

1.	On a certain sum of money, compound interest earned at the end of three years = Rs. 1456. Compoundinterest at the end of two years is Rs. 880. Compute the principal invested.
A.	Rs. 2,400
B.	Rs. 2,800
C.	Rs. 2,000
D.	Rs. 1,600
Answer» D. Rs. 1,600

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On a certain sum of money, compound interest earned at the end of three years = Rs. 1456. Compoundinterest at the end of two years is Rs. 880. Compute the principal invested.

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