What amount does Kiran get if he invests Rs. 18000 at 15% p.a. simple interest for four years?\nOptions:\n(A) 22777\n(B) 28877\n(C) 26888\n(D) 28800\n(E) 67881 Stream of consciousness first, then make a decision:
User
Simple interest = (18000 * 4 * 15)/100 = Rs. 10800\nAmount = P + I = 18000 + 10800 = Rs. 28800
Thus, the answer is (D).
Assistant