Question: What amount does Kiran get if he invests Rs. 18000 at 15% p.a. simple interest for two years?\nOptions:\n(A) 29893\n(B) 27773\n(C) 29989\n(D) 28800\n(E) 23400 Let's think first. Some random reasoning:
User
Simple interest = (18000 * 2 * 15)/100 = Rs. 5400\nAmount = P + I = 18000 + 5400 = Rs. 23400 The final answer: (E).
Assistant