What amount does Kiran get if he invests Rs. 18000 at 15% p.a. simple interest for two years? Choose the correct choice from the following options: A) 29893 B) 27773 C) 29989 D) 28800 E) 23400
Simple interest = (18000 * 2 * 15)/100 = Rs. 5400   Amount = P + I = 18000 + 5400 = Rs. 23400   Answer: 23400
<result>E</result>
What amount does Kiran get if he invests Rs. 18000 at 15% p.a. simple interest for two years?