Kriya deposits an amount of Rs.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 ?

A ) Rs 110324

B ) Rs 125578

C ) Rs 102648 ✅

D ) Rs 115246


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.