Correct Answer: Option A
The Principal P = (SI × 100)/ r n
= (3800 × 100)/(8 × 5)
= Tk.9500
C I = P (1 + r/100)n – P
= {9500 ( 1 + 8/100)² }- 9500
= 9500 × 1.08 × 1.08 – 9500
= 11080.8 – 9500
= Tk.1580.80.
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