What is the original principal amount that grows to Rs. 4913 in 3 years at an annual compound interest rate of 6.25%?
Explanation
To find the principal, use the compound interest formula: Principal = Amount / (1 + 6.25% )^3. This equals 4913 divided by (1 + 25/400)^3 = 4913 × (16/17)^3 = Rs. 4096.