If Kiran invests Rs. 8000 at an annual compound interest rate of 10% for 2 years, with interest compounded once per year, what will be the total amount he receives?

Explanation

Using the compound interest formula A = P(1 + R/100)^n, where P = 8000, R = 10%, and n = 2, the amount is calculated as 8000 × (1 + 0.10)^2 = 8000 × 1.21 = Rs. 9680. Since this value is not listed among options A to D, the correct choice is 'None of the above'.