A certain sum amounts to Rs. 73,205 in 4 years at 10% p.a. interest being compounded yearly. What will be the simple interest on that sum for the same period and at the same rate?

A certain sum amounts to Rs. 73,205 in 4 years at 10% p.a. interest be

1.	A certain sum amounts to Rs. 73,205 in 4 years at 10% p.a. interest being compounded yearly. What will be the simple interest on that sum for the same period and at the same rate?
A.	Rs. 20,000
B.	Rs. 19,600
C.	Rs. 19,500
D.	Rs. 18,800
Answer» B. Rs. 19,600

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A certain sum amounts to Rs. 73,205 in 4 years at 10% p.a. interest being compounded yearly. What will be the simple interest on that sum for the same period and at the same rate?

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