Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit?	Answers:
A) Rs. 8600
B) Rs. 8620
C) Rs. 8820
D) Rs. 8000
E) None of these
Explanation:   Amount   = Rs.[8000x(1+5/100)2]   =Rs.(8000x21/20x21/20)   =Rs.8820.   ANSWER IS Rs. 8820
<result>C</result>
Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit?