Multiple choice Find the compound interest on Rs. 3000 for 2 months at 4% per month? $Rs. 204.4$ $Rs. 302.2$ $Rs. 244.8$ $Rs. 272.6$ Reveal answer Fill a bubble to check yourself C Correct answer Explanation Using CI formula: A = P(1+r)^n = 3000(1+0.04)² = 3000×1.0816 = 3244.8. CI = 3244.8 - 3000 = Rs. 244.8. The compound interest is Rs. 244.8.