Mathematics · Simple Interest

Find the total amount received when Rs. 9,000 is deposited at a 12% per annum simple interest rate for 4 years.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Rs. 13,320✓
2Rs. 14,420
3Rs. 15,520
4Rs. 16,620

Correct answer

Rs. 13,320

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Find the total amount received when Rs. 9,000 is deposited at a 12% per annum simple interest rate for 4 years.

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