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A. Rs.4273
B. Rs.4613
C. Rs.4064
D. Rs.4266
E. None of these

Explanation:

CI = 14800{ [ 1 + 13.5/100]2 – 1 }

= 14800 { [1 + 27/200]2 – 1
= 14800 { 2 + 27/200}{27/200}
= (74)[2 + 27/200](27) =
1998[2 + 27/200] = 3996 + 269.73 = Rs. 4266

Correct Answer: Rs.4266

Last Updated: February 07, 2020