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Directions : Study the following informa...

Directions : Study the following information carefully and answer the questions given below:
There are three persons A, B and C, who each invested in two different schemes S1 and S2. A invested 80,000 for 2 years in scheme S1 and 30,000 for 4 years in scheme S2.B invested 30,000 for 3 years in S1 and he did not invest in scheme S2. B also obtained a profit of Rs10,000 by selling his car. C Invested 50000 for 5 years in scheme S1 and 10000 for 3 years in scheme S2. Total profit obtained from scheme S1 is 2 lakh and scheme S2 is 90,000.
If the sum of investments of Ain both schemes and the total profit obtained by A from both schemes is invested at compound interest at the rate of `20%` pa then find the total compound interest obtained in 2 years.

A

108240

B

104206

C

105208

D

109280

Text Solution

Verified by Experts

The correct Answer is:
A
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