• question_answer 76) What will be the compound interest accrued on an amount of Rs. 15,000 at the rate of 8% per annum in 2 years? A) Rs. 2376B)               Rs. 2, 596C) Rs. 2, 476                     D) Rs. 2, 496

Compound interest $=15000\,\,\left[ {{\left( 1+\frac{8}{100} \right)}^{2}}-1 \right]$ $=15000\,\,\left[ {{\left( \frac{27}{25} \right)}^{2}}-1 \right]$ $=15000\,\,\left[ \frac{104}{625} \right]$ $=Rs.\,\,2496$