Question

Find the approximate amount when Rs. 1200 is deposited for $\frac{3}{4}$ year at 12% p.a. at Compound Interest where interest is reckoned quarterly?

• A. Rs.1008
• B. Rs.1311
• C. Rs.1344
• D. Rs.4008

Answer 1

Answer: (B)

Rs.1311

Answer 2

The correct answer is (B): Rs.1311