tech mahindra Exam Numerical Ability Simple & Compound Interest

what is the compound interest on rs:60,000 for 4 months at the rate of 5% per annum
A)1058.24
B)2006.24
C)1006.13
D)1015.24

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ans-C
it is monthly compound
rate=5/12% per month
60000*(1+5/1200)^4-60000=1006.13
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