The sum of money when the final amount is Rs. 11300 at 4% p.a. For 3 years and 3 months is:

Concept: We'll use the simple interest formula, where P stands for the principal, R for the rate, and T for the amount of time. To calculate simple interest, enter the required values and solve for them.
Use the formula Amount=Principal + Simple Interest to calculate the amount.
Given,
Amount=11300
Rate= 4%
Time= 3 years 3 months
Hence, the correct answer is option 1.