Find compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually Answers
A) Rs 312 B) Rs 412 C) Rs 512 D) Rs 612 E) None of these
Explanation:   Please apply the formula   Amount=P(1+R100)nC.I. = Amount - P   Answer: Rs 612
<result>D</result>
Find compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually