Two different finance companies declare a fixed annual rate of interest on the amount invested by investors with them. The interest rate declared by these companies can vary from year to year depending on the variation in the country's economy and the interest rate of the banks. The annual rate of interest offered by the two companies P and Q is shown in the graph below. Study the graph and answer the question.
Annual percentage rate of interest offered by two finance companies P and Q over the years.

An investor invested a sum of ₹4 lakhs in company in the year 2000. After one year, the entire amount was transferred to company P in 2001 as an investment for one year. What amount will the investor receive from company P?

Options

A. Rs. 4,54,420
B. Rs. 4,64,340
C. Rs. 4,64,430
D. Rs. 4,56,320

Answer

B