# Out of the

Given principal (P) = ₹50000

Rate of interest (R) = ₹4% per annum

Time period (T) = 2yr

We know that,

A = P

A =

=

=

=

= ₹54080

Compound interest, CI = A – P = ₹54080 – ₹50000 = ₹4080

Hence, option (b) is correct.

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