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Shubhaiaxmi took a loan of Rs 18000 from...

Shubhaiaxmi took a loan of Rs 18000 from Surya Finance to purchase a TV set. If the company charges compound interest at 12% per annum during the first year and `12(1)/(2)%` per annum during the second year, how much will she have to pay after 2 years?

A

Rs. 7830

B

Rs. 4410

C

Rs. 1210

D

Rs. 6620

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The correct Answer is:
C
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