The simple interest accrued on a certain principal is Rs. 12

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60

M: +2.00/-0.50

The simple interest accrued on a certain principal is Rs. 1200 in 3 years at the rate of 8% per annum. What would be the compound interest (compounding annually) accrued on twice of then principal at the rate of 10% per annum in 2 years?

[SSC CHSL 13th March 2023 Shift-1 With Answers]

A

Rs.1,050

B

Rs.2,150

C

Rs.2,lO0

D

Rs.1,100

EXPLANATION

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