Quantitative Aptitude Interest Compound Interest

If C is the compound interest on Rs. 10,000 for one year at 4% per annum when compounded quarterly, then which one of the following is correct ? 

1
C < Rs. 100
2
Rs. 100 < C < Rs. 200
3
Rs. 200 < C < Rs. 400
4
C > Rs. 400

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