Mr. Ayush borrowed Rs. 3000 at 5% per annum compound interest. The compound interest compounded annually for 2 years is:

Mr. Ayush borrowed Rs. 3000 at 5% per annum compound interest. The com

1.	Mr. Ayush borrowed Rs. 3000 at 5% per annum compound interest. The compound interest compounded annually for 2 years is:
A.	Rs. 370.5
B.	Rs. 307.5
C.	Rs. 3307.5
D.	Rs. 3370.5
Answer» C. Rs. 3307.5

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Mr. Ayush borrowed Rs. 3000 at 5% per annum compound interest. The compound interest compounded annually for 2 years is:

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