The compound interest of Rs.20480 at 614614% per annum for 2 years 73 days is:
Rs.6.60
Rs.4.40
Rs.1.50
Rs.3000
Explanation:
S.I = Rs. (600×10×1100)(600×10×1100) = Rs.60
C.I = Rs. [600×(1+5100)2−600][600×(1+5100)2−600] = Rs.61.50
Difference = Rs.(61.50-60) = Rs.1.50
S.I = Rs. (600×10×1100)(600×10×1100) = Rs.60
C.I = Rs. [600×(1+5100)2−600][600×(1+5100)2−600] = Rs.61.50
Difference = Rs.(61.50-60) = Rs.1.50