The following bar graph shows the rates of interest per annum offered by two banks A and B from 1990 to 1995. They lend money either at simple interest or at compound interest.
If a person borrowed Rs.20,000 from bank A in the beginning of the year 1992 under compound interest, find the total interest paid by him at the end of 1993?
1
Rs. 4290
2
Rs. 5130
3
Rs. 5760
4
Rs. 6020