What annual payment (in ₹) will discharge a debt of ₹ $1025$ due in $2$ years at the rate of $5 \%$ compound interest?

  • A
    $550$
  • B
    $551.25$
  • C
    $560$
  • D
    $560.75$

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Rohit invested some amount at the rate of $6\%$ per annum and at the end of $3$ years he received ₹ $8730$ as simple interest. How much compound interest (in ₹) will he receive on the same amount and same rate of interest after $2$ years?

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