What will be the maturity value, if Rs. 13500 is deposited at a simple rate of interest of 12.5% for two years?

What will be the maturity value, if Rs. 13500 is deposited at a simple rate of interest of 12.5% for two years?

1). Rs. 15187.50
2). Rs. 16875.00
3). Rs. 16805.50
4). Rs. 16785.00

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