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 $

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