A person got Rs.60 more when he invested a certain sum at compound interest instead of simple interest for two years at 15% p.a. Find the sum?
Choose the correct choice from the following answers
A) 7500
B) 2666
C) 2877
D) 2667
E) 2671
P = (d * 1002) / R2   =&gt; (60 * 100 * 100) / 15 * 15 = Rs.2666   Answer:2666
<result>B</result>
A person got Rs.60 more when he invested a certain sum at compound interest instead of simple interest for two years at 15% p.a. Find the sum?