Comprehension Passage
Direction: Study the given information carefully and answer the following questions accordingly.
Tanu took a loan from a bank to pursue her M.Arch degree from a reputed college in New Delhi. The bank agreed to pay 80% of all her expenses. M.Arch course was a two year course, having four semesters each of 6 months. Tuition fee for each semester was Rs. 2,50,000. She took hostel to stay, her hostel charges were Rs. 5500/per month and extra expenses per month were Rs. 3400.
Based on the given information, answer the following questions.Tanu decides to live with her relatives for 6 months so there is no rent and no expenses of her, so she decided to lent that money to Garima at 10% rate of compound interest compounded annually, then how much amount will she receive from Garima after 2 years?
1
Rs. 63,425
2
Rs. 56,408
3
Rs. 64,614
4
Rs. 65,703
5
Cannot be determined