The compound interest accrued on an amount at the end of two

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M: +1.00/-0.25

The compound interest accrued on an amount at the end of two years at the rate of 16% per annum is Rs 3041.28. What is the amount ?

[IBPS RRB PO 2018]

A Rs 10500

B Rs 9000

C Rs 7250

D Rs 8800

E None of these