If Sukriti borrows ₹8000 for two years at the rate of 10% per annum compound interest, then the amount to be paid by her at the end of two years to clear the debt is

1. ₹8800

2. ₹9600

3. ₹9680

4. ₹102400

If a man invests ₹12000 for two years at the rate of 10% per annum compound interest, then the compound interest earned by him at the end of two years is

1. ₹2400

2. ₹2520

3. ₹2000

4. ₹1800

If the number of conversion periods ≥ 2, then the compound interest is

1. less than simple interest

2. equal to simple interest

3. greater than or equal to simple interest

4. greater than simple interest