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Kriya deposits an amount of ₹ 65800 to obtain a simple interest at the rate of 14% per annum for 4 yr. What total amount will Kriya get at the end of 4 yr?

₹ 102648
₹ 115246
₹ 125578
₹ 110324

Correct Answer: ₹ 102648

Explanation:

Here, P = ₹ 65800, R = 14% T = 4 yr
Hence, SI = (65800 x 14 x 4) / 100 =₹ 36848
∴ Required amount = P + SI
= 65800 + 36848
= ₹ 102648

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