A person got Rs.48 more when he invested a certain sum at compound interest instead of simple interest for two years at 8% p.a. Find the sum?	Choose the correct choice from the following options:
A) Rs.7500 B) Rs.7503 C) Rs.7227 D) Rs.7528 E) Rs.1281
Explanation:   P = (d * 1002) / R2   =&gt; (48 * 100 * 100) / 8 * 8 = Rs.7500   Rs.7500nswer: Rs.7500
<result>A</result>
A person got Rs.48 more when he invested a certain sum at compound interest instead of simple interest for two years at 8% p.a. Find the sum?