Correct Answer: Rs. 2580.00

Solution : Principal = Rs. 8000
Rate = 15%
Time = 2 years
We know, when compounded annually, Total amount $= \text{Principal}(1+\frac{\text{Rate}}{100})^{\text{Time}}$
⇒ Total amount $=8000(1+\frac{15}{100})^2$
⇒ Total amount $=8000(\frac{23}{20})^2$
⇒ Total amount $=8000×\frac{23}{20}×\frac{23}{20}$
⇒ Total amount $=10580$
So, the compound interest = Total amount – Principal = 10580 – 8000 = Rs. 2580
Hence, the correct answer is Rs. 2580.00.