Question

Rs..850 was given to a person at 4% per quarter for 4 years. How much amount will he get at the end of 4 years?

• A. Rs.1493
• B. Rs.1934
• C. Rs.1394
• D. Rs.4913
• E. None of these

Answer 1

The correct option is C

Rs.1394

$S.I.=\frac{850\times 4\times 16}{100}$

Amount = $P+I$ = 850+544 = 1394