A sum of Rs. 1000 is invested at a rate of 30% per annum at compound interest but compounded in every four months, will give an amount of Rs. _____ in one year.

A sum of Rs. 1000 is invested at a rate of 30% per annum at compound i

1.	A sum of Rs. 1000 is invested at a rate of 30% per annum at compound interest but compounded in every four months, will give an amount of Rs. _____ in one year.
A.	1331
B.	1300
C.	1327
D.	1330
Answer» B. 1300

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A sum of Rs. 1000 is invested at a rate of 30% per annum at compound interest but compounded in every four months, will give an amount of Rs. _____ in one year.

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