Explanation:

To find the amount payable on maturity with compound interest, you use the formula:

$$ A = P(1 + \frac{r}{100})^n $$

- P is the principal amount, which is Rs12,000.

- r is the rate of interest, which is 10% per annum.

- n is the number of years, which is 3.

Plugging these values into the formula:

$$ A = 12000(1 + \frac{10}{100})^3 $$

$$ A = 12000(1.1)^3 $$

$$ A = 12000 \times 1.331 $$

$$ A = 15972 $$

- Option 1, Rs15,972: Correct Answer

- Option 2, Rs16,826: Incorrect.

- Option 3, Rs18,922: Incorrect.

- Option 4, Rs14,928: Incorrect.

So, Option 1 is the right choice, exactly Rs15,972 is the maturity amount.