Rs. 1000 was given to a person at 8% for 4 years. How much will he get at the end of 4 years?

Rs. 320

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Rs. 1230

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Rs. 1000

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Rs. 1320

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

None of these

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is D
Rs. 1320

$S . I . = \frac{P \times T \times R}{100}$

$= \frac{1000 \times 8 \times 4}{100}$

$= 320$
$A m o u n t = P r i n i c i p a l + S . I .$
$= 1000 + 320$
$= 1320$

Suggest Corrections

Similar questions

Rs..850 was given to a person at 4% per quarter for 4 years. How much amount will he get at the end of 4 years?

Rs. 1000 was invested in a bank for 10 years at 6% S.I. After 5 years, the person deposited Rs. 500 more in the bank for the remaining 5 years. Find the amount he will receive at the end of the 10^th year?

Q. Rohit borrowed Rs.

24, 000

7.5

per cent per year (simple interest). How much money will he pay at the end of

4

years to clear his debt?

Q. Vikram borrowed Rs.

20, 000

for

4 \frac{1}{2}

years at

10 %

per annum, compound annually. How much compound interest would he pay at the end of

4 \frac{1}{2}

years?

Q. Mitesh invests Rs.

700

for

5

years at the rate of

10 %

. How much amount would he get at the end of the term ?

Join BYJU'S Learning Program

Rs. 1000 was given to a person at 8% for 4 years. How much will he get at the end of 4 years?

The correct option is D Rs. 1320 S.I.=P×T×R100 =1000×8×4100 =320 Amount=Prinicipal+S.I. =1000+320 =1320

The correct option is D
Rs. 1320

$S . I . = \frac{P \times T \times R}{100}$

$= \frac{1000 \times 8 \times 4}{100}$

$= 320$
$A m o u n t = P r i n i c i p a l + S . I .$
$= 1000 + 320$
$= 1320$