A father had Rs. 1000 and divided it equally between his two sons. One son invested his share at 10% simple interest for 2 years, while the other son ...

Question

A father had Rs. 1000 and divided it equally between his two sons. One son invested his share at 10% simple interest for 2 years, while the other son invested his share at 20% compound interest for 2 years. What is the total interest earned by both sons together?

Options

A.

Rs. 440

B.

Rs. 320

C.

Rs. 500

D.

Rs. 120

E.

Rs. 660

simple interestcompound interestinterest calculationbanking aptitude

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