1.

Two friends, Prakash and Prabhash invested some money in two different schemes in a bank. The rate of interest received by Prakash is 25% per annum simple interest and the rate of interest received by Prabhash is 20% per annum simple interest. At the end of two years, the amount received by Prakash is 150% of the amount received by Prabhash. If the sum of the total investments by Prakash and Prabhash is Rs. 84000.[S.1 Q.2] Suppose, Prakash and Prabhash had invested their respective principals calculated from the previous question at the respective compound interest rates of 25% per annum and 20% per annum compounded annually then what would have been the difference between the amount received by Prakash and the amount received by Prabhash at the end of two years?

A. Rs. 25125.5
B. Rs. 26262.5
C. Rs. 26162.5
D. Rs.25262.5
E. None of these
Answer» D. Rs.25262.5


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