Answer the following question, with explanation first.
If Rs.7500 are borrowed at C.I at the rate of 4% per annum, then after 2 years the amount to be paid is?\nOptions:\n(A) 8112\n(B) 8000\n(C) 8500\n(D) 7500\n(E) 6500

(A)
A = 7500(26/25)2 = 8112.

So, the final answer is (A)