If the simple interest on a sum of money at nineteen percent per annum for two years is Rs.12000, compound interest on the same sum for the same period at the same rate of interest is
Choose the correct choice from the following answers
A) 13,041.00 B) 11,430.00 C) 13,410.00 D) 11,340.00 E) 13,140.00
S I for 2 years = 12000 ie for one year =6000   The compound interest for Rs.6000 for the second year = 6000*19/100= 
<gadget id="calculator">6000*19/100</gadget>
<output>1_140</output>
1140   The CI for two years 12000+1140= 13,140.00   ANSW13,140.00R:13,140.00
<result>E</result>
If the simple interest on a sum of money at nineteen percent per annum for two years is Rs.12000, compound interest on the same sum for the same period at the same rate of interest is