R= 12% per quarter
Time period = 9 months
A=P(1+r)^n
n = \frac{9}{3}=3
A=10000\left(1+\frac{12}{100}\right)^3
A = ₹ 10,927.27
Interest paid = 10,927.27 – 10,000= ₹ 927.27
Answer (a) → ₹ 927.27
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