The simple interest on a sum of money for 3 years at an interest rate of 6% p.a. is Rs.6,750. What will be the compound interestÂ rounded off on the same sum at the same rate for the same period, compounded annually is closest to :_x005F_x000D_

The simple interest on a sum of money for 3 years at an interest rate

1.	The simple interest on a sum of money for 3 years at an interest rate of 6% p.a. is Rs.6,750. What will be the compound interestÂ rounded off on the same sum at the same rate for the same period, compounded annually is closest to :_x005F_x000D_
A.	Rs. 7,133
B.	Rs. 7,163
C.	Rs. 7,103
D.	Rs. 7,663
Answer» C. Rs. 7,103