Find the compound interest and the amount on Rs.8000 at 5% per annum for 3 years when C.I is reckoned yearly?  Options
A) 2661
B) 1651
C) 1267
D) 1627
E) 1261
1261xplanation:   A = 8000(21/20)3   = 9261   = 8000   ---------   1261   Answer:1261
<result>E</result>
Find the compound interest and the amount on Rs.8000 at 5% per annum for 3 years when C.I is reckoned yearly?