Find compound interest on Rs. 8000 at 15% per annum for 2 years 4 months, compounded annually  Choose the correct choice from the following choices:  A) 3358  B) 8952  C) 3309  D) 3109  E) 3528
Time = 2 years 4 months = 2(4/12) years = 2(1/3) years.
Amount = Rs'. [8000 X (1+(15/100))^2 X (1+((1/3)*15)/100)]
=Rs. [8000 * (23/20) * (23/20) * (21/20)]
= Rs. 11109. .
:. C.I. = Rs. (11109 - 8000) = Rs. 3109. Answer : 3109
<result>D</result>
Find compound interest on Rs. 8000 at 15% per annum for 2 years 4 months, compounded annually