The simple interest on a certain sum for `3(1)/(2)` years at 10% per annum in Rs.2,940. What will be the compound interest on the same sum for `2(1)/(2)` years at the same rate when interest in compounded yearly (nearest to a rupee) ?

Options

A. Rs. 2,272
B. Rs. 2,227
C. Rs. 2,327
D. Rs. 2,372

Answer

B