Find compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually.
Choose the correct choice from the following answers
A) rs . 512	B) rs . 552	C) rs . 612	D) rs . 622	E) none

Rationale: "solution amount = rs [ 7500 x ( 1 + 4 / 100 ) ² ] = rs . ( 7500 x 26 / 25 x 26 / 25 ) = rs . 8112 . c . i = rs ( 8112 - 7500 ) = rs . 612 . answer c"
Answer: C