If the simple interest on a sum of money at thirteen percent per annum for two years is Rs.22400, compound interest on the same sum for the same period at the same rate of interest is Select:	A) 28,356.00	B) 25,638.00	C) 23,856.00	D) 23,685.00	E) 25,865.00
S I for 2 years = 22400 ie for one year =11200   The compound interest for Rs.11200 for the second year = 11200*13/100= 
<gadget id="calculator">11200*13/100</gadget>
<output>1_456</output>
1456   The 23,856.00I for two years 22400+1456= 23,856.00   ANSWER:23,856.00
<result>C</result>
If the simple interest on a sum of money at thirteen percent per annum for two years is Rs.22400, compound interest on the same sum for the same period at the same rate of interest is