Find compound interest on Rs. 7500 at 4% per year for 2 years, compounded annually.	Choose the correct option.
A) 812	B) 712	C) 412	D) 512	E) 612
Amount = Rs [7500*(1+(4/100)2] = Rs (7500 * (26/25) * (26/25)) = Rs. 8112.   therefore, Compound Interest = Rs. (8112 - 7500) = Rs. 612.   Answer is 612.
<result>E</result>
Find compound interest on Rs. 7500 at 4% per year for 2 years, compounded annually.