Concept:First calculate the time period using simple interest. Then find the compound amount for the same time at a different rate, handling fractional years by using compound interest for full years and simple interest for the remaining fraction.
Explanation:Principal (P) = ₹8000, Amount = ₹9500, Rate = 7.5% per annum simple interest.
Use simple interest formula:
A=P(1+100r×x).
Substitute:
9500=8000(1+1007.5×x).
Simplify:
80009500=1+0.075x⇒1.1875=1+0.075x.
So
0.1875=0.075x giving
x=0.0750.1875=2.5 years.
Now find amount for same principal ₹8000 at 20% per annum compounded yearly for 2.5 years.
Apply compound interest for full years: first 2 years:
A2=8000×(1+0.20)2=8000×1.44=₹11520.
For remaining half year, use simple interest on ₹11520 at 20% p.a.:
A=11520×(1+0.20×0.5)=11520×1.10=₹12672.
Answer:₹12672 (Option C)