Discussion
What amount does Kiran get if he invests Rs. 18000 at 15% p.a. simple interest for four years?
Answer: D
\[ \text{SI} = \frac{P \times R \times T}{100} \]
\[ \text{SI} = \frac{18000 \times 15 \times 4}{100} = \text{Rs. } 10{,}800 \]
\[ \text{amount} = 18000 + 10800 = \text{Rs. } 28{,}800 \]
The question asks what Kiran gets, so the principal is included; the interest alone is Rs. 10,800.
No comment is present. Be the first to comment.
Loading…
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development