Question: What amount does Kiran get if he invests Rs. 18000 at 12% p.a. simple interest for four years?\nOptions:\n(A) 29893\n(B) 26640\n(C) 29989\n(D) 28800\n(E) 29883 Random thoughts:
User
Simple interest = (18000 * 4 * 12)/100 = Rs. 8640\nAmount = P + I = 18000 + 8640 = Rs. 26640 The final answer: (B).
Assistant