The compound interest on Rs. 2000 in 2 years if the rate of interest is 4% per annum for the first year and 3% per annum for the second year, will be
[A] Rs. 143.40
[B] Rs. 141.40
[C] Rs. 140.40
[D] Rs. 142.40

Show Answer

This question is part of UPSC Prelims Practice and Mock Tests membership programme.