Question

The principal that amount to Rs. 4913 in 3 years at `6 1.4`% per annum  compound interest compounded annually is :


Options:
A .  Rs. 3096
B .  Rs. 4076
C .  Rs. 4085
D .  Rs. 4096
Answer: Option D

Principal  = Rs.`[(4913)/(1 + (25)/(4 xx 100))^3]`

=Rs. `(4913 xx 16/17 xx 16/17 xx 16/17)`

= Rs. 4096.




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