The principle that amounts to Rs 4913 in 3 years at 6 1 4 per annum C I compounded annually is ........

Quantitative Aptitiude (CLAT) Compound Interest

The principle that amounts to Rs. 4913 in 3 years at 6 1/4 % per annum C.I. compounded annually, is?

Rs. 3096

Rs. 4076

Rs. 4085

Rs. 4096

Explanation: According to the formula,
Principle = [4913 / (1 + 25/ (4 * 100))3]
=> 4913 * 16/17 * 16/17 * 16/17 = Rs. 4096

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