Multiple choice

Mr.Mathur deposit an amount 72315 Rs to obtain a simple interest at@ of 7 p.c p.a for 4 years ,what total amount will get Mr.Mathur at the end of 4 years?

  1. Rs 92563.2

  2. Rs 82563.4

  3. Rs 92463.2

  4. Rs 92573.2
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Simple Interest = P × R × T / 100 = 72315 × 7 × 4 / 100 = 20248.20. Total Amount = Principal + SI = 72315 + 20248.20 = 92563.20. Option A is correct.

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