A person took some amount with some interest for 4 years, but increase the interest for 1%, he paid Rs.160/- extra, then how much amount he took? Answers:
A) Rs.5500/-	B) Rs.6000/-	C) Rs.4000/-	D) Rs.7000/-	E) None of these
Explanation:
4 years = Rs.160/-
year = 160/4
Rate of Interest = 1%
100/1% × 160/4 = Rs.4000/-
P = Rs.4000/- Answer: Option Rs.4000/-
<result>C</result>
A person took some amount with some interest for 4 years, but increase the interest for 1%, he paid Rs.160/- extra, then how much amount he took?