1.  The principal that amounts to ₹ 4913 in 3 years at 6.25% per annum compound interest compounded annually is:

A. ₹ 3096
B. ₹ 4076
C. ₹ 4085
D. ₹ 4096

Answer: Option D

Explanation:

Principal (₹)
= ₹ 4913 x 1 + 25 3
4 x 100
= ₹ 4913 x 16 x 16 x 16
17 17 17
= ₹ 4096