A person borrowed Rs.500 at the rate of 5% per annum S.I what amount will he pays to clear the debts after 4 years?	Pick.
A) 300  B) 700  C) 500  D) 800  E) 600
600xplanation:
500------&gt;5*4=20%(500)=100
500+100=600
Answer: Option 600
<result>E</result>
A person borrowed Rs.500 at the rate of 5% per annum S.I what amount will he pays to clear the debts after 4 years?