Comprehension Passage
Directions: Given bar graph shows the Interest for 1st year on certain amounts borrowed by four persons A, B, C and D. Also, Difference between Simple Interest and Compound Interest for two years has been given (interest is same for S.I. and C.I. for a person and interest has been compounded annually). Answer the following questions based on given bar graph.
Raju invested Rs. 20000 for 1 year at rate [(R1 + R2 + R3 + R4) – 3] where R1, R2, R3 and R4 are rate% of A, B, C, D respectively. Find the amount Raju will get after 1 year if interest is compounded semi-annually.
1
Rs. 27690
2
Rs. 38960
3
Rs. 45650
4
Rs. 25500
5
Rs. 31250