Correct Answer: Option A
P = (S I ×100)/ r n
= 153600/60 = Tk.2560
P + 1000 = 2560 + 1000 = Tk.3560
Then, the SI for 2 years on Tk.3560 at 12 p.c.p.a
S I = P r n/100
3560 × 12 × 2/100 = Tk.854.40
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