Quantitative Aptitude Ques 2360
Question: What amount a man would have received on a principal of Rs. 4000 after two year simple interest @ 5% per annum?
Options:
A) Rs. 4161
B) Rs. 5200
C) Rs. 4400
D) Rs. 4100
E) Rs. 4190
Show Answer
Answer:
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 $