A. Rs. 1851

B. Rs. 1941

**C. Rs. 1951**

D. Rs. 1961

Explanation:

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P = Rs. 15625, n = 9 months = 3 quarters, R = 16% p.a. per quarter.

Amount = [15625 * (1 + 4/100)^{3}]

= (15625 * 26/25 * 26/25 * 26/25) = Rs. 17576 C.I. = 17576 – 15625 = Rs. 1951.

### Related Mcqs:

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