The amount of principal Rs.8000 at compound interest at the ratio of 5% p.a. for 2 years is Choose the correct choice from the following:	A) s.9621	B) s.6921	C) s.8820	D) s.6261	E) s.6361
c.i=p(1+r/100)^n   =8000(1+5/100)^2   =Rs8820   ANSWER:s.8820
<result>C</result>
The amount of principal Rs.8000 at compound interest at the ratio of 5% p.a. for 2 years is