Simple interest on a certain sum of money for 3 years at 5% per annum is Rs. 5250. What will be the compound interest on that sum at the same rate for the same period?

Simple interest on a certain sum of money for 3 years at 5% per annum

1.	Simple interest on a certain sum of money for 3 years at 5% per annum is Rs. 5250. What will be the compound interest on that sum at the same rate for the same period?
A.	Rs. 5510.88
B.	Rs. 5516.88
C.	Rs. 5512.88
D.	Rs. 5517.88
Answer» C. Rs. 5512.88