There is 40% increase in an amount in 8 years at simple interest. What will be the compound interest of Rs. 10000 after 3 years at the same rate?

There is 40% increase in an amount in 8 years at simple interest. What

1.	There is 40% increase in an amount in 8 years at simple interest. What will be the compound interest of Rs. 10000 after 3 years at the same rate?
A.	Rs 1576.25
B.	Rs 6305
C.	Rs 7881.25
D.	Rs 4728.75
Answer» B. Rs 6305