The simple interest on a certain sum of money for 2 years at 8% p.a. is Rs 600. What is the compound interest at the same rate and for the same time ?

The simple interest on a certain sum of money for 2 years at 8% p.a

1.	The simple interest on a certain sum of money for 2 years at 8% p.a. is Rs 600. What is the compound interest at the same rate and for the same time ?
A.	Rs 620
B.	Rs 624
C.	Rs 628
D.	Rs 630
Answer» C. Rs 628

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The simple interest on a certain sum of money for 2 years at 8% p.a. is Rs 600. What is the compound interest at the same rate and for the same time ?

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