| What amount a man would have received on a principal of Rs. 4000 after two year simple interest @ 5% per annum? |
A) Rs. 4161
B) Rs. 5200
C) Rs. 4400
D) Rs. 4100
E) Rs. 4190
Correct Answer: C
Solution :
| Amount = Principal + Interest |
| \[\therefore \]\[SI=\frac{P\times R\times T}{100}=\frac{4000\times 5\times 2}{100}=Rs.\,\,400\] |
| Amount \[=Rs.\,(4000+400)=Rs.\,4400\] |
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