Find compound interest on Rs. 8000 at 15% per annum for 2 years 4 months, compounded annually  Choose the correct choice:
A) 2109	B) 3109	C) 4109	D) 6109	E) 1109
Time = 2 years 4 months = 2(4/12) years = 2(1/3) years.   Amount = Rs'. [8000 X (1+(15/100))^2 X (1+((1/3)*15)/100)]   =Rs. [8000 * (23/20) * (23/20) * (21/20)]   = Rs. 11109. .   :. C.I. = Rs. (11109 - 8000) = Rs. 3109. Answer: 3109
<result>B</result>
Find compound interest on Rs. 8000 at 15% per annum for 2 years 4 months, compounded annually