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Multiple choice

A sum of Rs. 700 is lent at the rate of 6% per annum. Find the interest at the end of 4 years ?

  1. 168

  2. 158

  3. 188

  4. 198

  5. None of these

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Simple Interest = Principal × Rate × Time = 700 × 0.06 × 4 = Rs.168. This is straightforward SI calculation. Option A (168) matches exactly.

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