Rajan borrowed Rs.4000 at 5% p.a compound interest. After 2 years, he repaid R

Question

Rajan borrowed Rs.4000 at 5% p.a compound interest. After 2
years, he repaid Rs.2210 and after 2 more year, the balance with interest. What
was the total amount that he paid as interest?

Options:

A . Rs.635.50

B . Rs.613.50

C . Rs.675.50

D . Rs.653.50

Answer: Option A

4000

200 ---- I

200

10 ---- II

---------------

4410

2210

--------

2000

110 ---- III

110

5.50 ---- IV

-----------

2425.50

2210

-----------

4635.50

4000

----------

635.50

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