How much will be the compound interest to be paid on a principal amount of `rs 53000` after `2` yr at the rate of `4%`

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Q 2213734649.     How much will be the compound interest to be paid on a
principal amount of `rs 53000` after `2` yr at the rate of
`4%` per annum?
IBPS-CLERK 2017 Mock Prelims
A

`rs 4324.8`

B

`rs 4432.8`

C

`rs 4342.8`

D

`rs 4234.8`

E

None of these

HINT


Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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