a) Rs. 9000.30
b) Rs. 9720
c) Rs. 10123.20
d) Rs. 10483.20
Answer: c
Explanation:
$$\eqalign{
& {\text{Amount}} = Rs.\,\left[ {25000 \times {{\left( {1 + \frac{{12}}{{100}}} \right)}^3}} \right] \cr
& \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = Rs.\,\left( {25000 \times \frac{{28}}{{25}} \times \frac{{28}}{{25}} \times \frac{{28}}{{25}}} \right) \cr
& \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = Rs.\,35123.20 \cr
& {\text{C}}{\text{.I}}{\text{.}} = Rs.\left( {35123.20 – 25000} \right) \cr
& \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = Rs.\,10123.20 \cr} $$
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