a) Rs. 1200
b) Rs. 1050
c) Rs. 1000
d) Rs. 9600
Answer: a
Explanation: More interest paid in 2 years
$$\eqalign{
& {\text{ = 2}} \times {\text{1}} = {\text{2}}\% \cr
& {\text{2}}\% {\text{ of sum = Rs}}{\text{. 24}} \cr
& {\text{1}}\% {\text{ of sum = Rs}}{\text{.}}\frac{{24}}{2} \cr
& {\text{Total sum}} \cr
& {\text{ = Rs}}{\text{. }}\frac{{24}}{2} \times 100 \cr
& = {\text{Rs}}{\text{. }}1200 \cr} $$
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