Answer & Explanation Option: [B]
P = ₹ 16500
R% = 14% per annum
n = 3years
A = p(1+R/100)n
A = 16500(1+14/100)2
A = ₹ (16500 x 114/100 x 114/100)
A = ₹ 21443.4
CI = ₹ (A - P)
CI = ₹ (21443.40-16500.00)
CI = ₹ 4943.40