Correct Answer - Option 3 : Rs. 18,900

**Given**

Principal = Rs.15,000, Rate = 6.5%, Time = 4 years

**Formula** **used**

Amount = Principal + Simple interest

Simple interest = (Principal × Rate × Time)/100

**Calculation**

Simple interest = (15,000 × 6.5 × 4)/100

⇒ 3900

Amount = 15,000 + 3900

⇒ Rs.18,900

**∴**** The amount will be Rs. 18,900.**