Question

Vete deposited Rs. $3200$ for $4$ years at a rate of $12$% p.a as a loan account. Determine the amount she got after $4$ years.

• A. $2736$
• B. $4736$
• C. $4226$
• D. $2246$

Answer 1

Answer: (B)

$4736$

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

$\Rightarrow$ $S.I.=\frac{3200\times 12\times 4}{100}$

$\Rightarrow$ $S.I.=Rs.1536.$

$\therefore$ Total amount Vete got after 4 years = $Rs.3200+Rs.1536=Rs.4736.$