10
Q:
A) Rs. 1911 | B) Rs. 1909 |
C) Rs. 1901 | D) Rs. 1907 |
Answer: C) Rs. 1901
Explanation:
Explanation:
P = Rs. 15225, n = 9 months = 3 quarters, R = 16% p.a. per quarter.
Amount =
= (15225 x 26/25 x 26/25 x 26/25) = Rs. 17126.05
=> C.I. = 17126 - 15625 = Rs. 1901.05.