Find the compound interest accrued on an amount of Rs.14,800 at 13.5% p.a at the end of two years. (Round off your answer to nearest integer)
Choose the correct choice from the following options:
A) Rs. 8167	B) Rs. 4261	C) Rs. 4269	D) Rs. 4266	E) Rs. 4262
Explanation:   CI = 14800{ [ 1 + 13.5/100]2 - 1 }   = 14800 { [1 + 27/200]2 - 1   = 14800 { 2 + 27/200}{27/200}   = (74)[2 + 27/200](27) =   1998[2 + 27/200] = 3996 + 269.73 = Rs. 4266   Answer:Rs. 4266
<result>D</result>
Find the compound interest accrued on an amount of Rs.14,800 at 13.5% p.a at the end of two years. (Round off your answer to nearest integer)