Quantitative Aptitude Interest Compound Interest

What is the compound interest on a sum of Rs. 12,000 for 2\(\frac{5}{8}\) years at 8% p.a. when the interest is compounded annually (nearest to a rupee)?

1

Rs. 2,654

2

Rs. 2,642

3

Rs. 2,712

4

Rs. 2,697

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