Q. A person deposits ₹6000 in a bank at 5% simple interest for 4 years. What will be the maturity amount?

  • (A) ₹7000
  • (B) ₹7200
  • (C) ₹7400
  • (D) ₹7800
✅ Correct Answer: (B) ₹7200
Explanation: SI = (6000 × 5 × 4) / 100 = 1200; amount = 6000 + 1200 = 7200.

Published by Mr. Dubey ⭐ 111.22K Points at 03-Dec-2025 06:37 am in Math

Explanation by: Mr. Dubey
SI = (6000 × 5 × 4) / 100 = 1200; amount = 6000 + 1200 = 7200.

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