The compound interest on ₹ 8,640 for 3 years at 8% p.a. is:

1. ₹ 2,345

2. ₹ 3,245

3. ₹ 3,425

4. ₹ 3,452

If the interest is compounded half-yearly, then, C.I. when the principal is ₹ 7,400, the rate of interest is 5% p.a. and the duration is one year, is:

1. ₹ 373.63

2. ₹ 374.63

3. ₹ 373.36

4. ₹ 373

The compound interest on a certain sum of money at 5% p.a. for two years is ₹ 246. The simple interest on the same sum for three years at 6% p.a. will be:

1. ₹ 432

2. ₹ 430.50

3. ₹ 432.75

4. ₹ 431.75

Ramesh wants to get ₹ 6,050 from a bank after 2 years. If the bank gives 10% p.a. compound interest, then the amount of money he has to keep now in the bank is:

1. ₹ 5,500

2. ₹ 5,000

3. ₹ 5,600

4. ₹ 5,800