The amount of principal Rs.8000 at compound interest at the ratio of 5% p.a. for 5 years is Choose the correct answer
A) s.9621
B) s.6921
C) s.10210
D) s.6261
E) s.6361
c.i=p(1+r/100)^n   =8000(1+5/100)^5   =Rs10210   ANSWER:s.10210
<result>C</result>
The amount of principal Rs.8000 at compound interest at the ratio of 5% p.a. for 5 years is