What amount does Kiran get if he invests Rs.8000 at 10% p.a. compound interest for two years, compounding done annually?  Choices: A) Rs.19828.89 B) Rs.19828.80 C) Rs.19878.80 D) Rs.19825.80 E) Rs.19828.90
Let the sum be Rs.P   P{ [ 1 + 8/100]2 - 1 } = 2828.80   P(8/100)(2 + 8/100) = 2828.80 [a2 - b2 = (a - b) ( a + b)] P   = 2828.80 / (0.08)(2.08) = 1360/0.08= 
<gadget id="calculator">1360/0.08</gadget>
<output>17_000</output>
17000 Principal + Interest= Rs.19828.80   Answer:Rs.19828.80
<result>B</result>
What amount does Kiran get if he invests Rs.8000 at 10% p.a. compound interest for two years, compounding done annually?