The simple Interest accrued on a sum of certain principal is Rs.7.2 – McqOptions

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1.	The simple Interest accrued on a sum of certain principal is Rs.7.200 in six years at the rate of 12 p.c.p.a. What would be the compound interest accrued on that principal at the rate of 5 p.c.p.a. In 2 years?
A.	Rs.1,020
B.	Rs.1,055
C.	Rs.1,050
D.	Rs.1,025
Answer» D. Rs.1,025

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