Kriya deposits an amount of RS. 65800 to obtain a simple interest at the rate of 14% per annum for four years

A ) 102648 ✅

B ) 115248

C ) 12200

D ) 125578


Explanation:

Let's solve step by step using the Simple Interest (SI) formula.

SI=P×R×T/100

🔸 Given:

  • Principal (P) = Rs. 65,800
  • Rate (R) = 14% per annum
  • Time (T) = 4 years

🔸 Step 1: Use the Simple Interest formula

SI=65800×14×4/100

Step 2: Calculate:

SI=65800×56/100 

SI=3684800/100

 SI=36848 

🔸 Step 3: Find the Total Amount (A)

Total Amount=Principal+Interest

Total Amount=A=65800+36848=102648

✅ Final Answer:

Kriya will get Rs. 102,648 at the end of 4 years.