Question

Hi i will mark as brain list
Please tell me answer of this question in easy way but Step-by-step explanation

Answer 1

Answer:

Step-by-step explanation:

Cl = P(1+r/100)^n -P

19510 =p(1+4/100)^3 -p

19510 = p(104/100)^3 -p

19510= 1.1247 P -p

P=19510/0.1247

P= 156455 (approx)

So answer is option(3)