If Rs. 12000 is invested for two years at compound interest (compounded annually) at the rate of 20% per annum, then what is the interest?

If Rs. 12000 is invested for two years at compound interest (compounde

1.	If Rs. 12000 is invested for two years at compound interest (compounded annually) at the rate of 20% per annum, then what is the interest?
A.	Rs. 5280
B.	Rs. 5640
C.	Rs. 4280
D.	Rs. 4800
Answer» B. Rs. 5640

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If Rs. 12000 is invested for two years at compound interest (compounded annually) at the rate of 20% per annum, then what is the interest?

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