If Rs.7500 are borrowed at C.I at the rate of 4% per annum, then after 2 years the amount to be paid is?
Options:
(A) 8112
(B) 8000
(C) 8500
(D) 7500
(E) 6500 Stream of consciousness first, then make a decision:
A = 7500(26/25)2 = 8112
Thus, the answer is (A).