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Shikhar deposited Rs 15000 in a scheme f...

Shikhar deposited Rs 15000 in a scheme for 2 yrs which offers compound interest at the rate of 10 %. Due to some emergency, he withdrew 12000 at the end of `1^(st)` year. How much amount he will get at the end of `2^(nd)` year?

A

Rs 4600

B

Rs 5450

C

Rs 4950

D

Rs 5600

Text Solution

Verified by Experts

The correct Answer is:
C
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