Math Problem Statement

If Suresh borrows Rs. 36000 from Mahesh at rate of interest 6% S.I, at the end of four years how much interest Suresh has to pay along with principal amount? A. Rs. 12560 B. Rs. 12960 C. Rs. 13500 D. Rs. 14500 solve the problem and give me answer in hinglish language

Solution

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Math Problem Analysis

Mathematical Concepts

Simple Interest

Formulas

Simple Interest (S.I.) formula: SI = (P * R * T) / 100

Theorems

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Suitable Grade Level

High School