Multiple choice

Rohit borrowed Rs. 102200 from his friend at simple interest of 12% per annum. How much money does he need to return after four years?

  1. Rs. 1,31,256

  2. Rs. 1,14,464

  3. Rs. 1,51,256

  4. Rs. 1,70,866

  5. Rs. 177810
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

SI = (P * R * T) / 100 = (102200 * 12 * 4) / 100 = 1022 * 48 = 49056. Total amount = 102200 + 49056 = 151256.

AI explanation

Using the simple interest formula, the interest equals (102200 x 12 x 4) / 100, which is Rs. 49056. The total amount to be returned is the principal plus the interest, calculated as 102200 + 49056. The total money he needs to return is Rs. 1,51,256.

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