Question:A   person borrowed Rs `500` at the rate of `5%` per annum S.I. What amount will he pay to clear the debt after `4` years ? 

A `Rs 200` 
B `Rs 550` 
C `Rs 600` 
D `Rs 700` 

+ Answer
C 

+ Explanation
Amount = Rs 

`(500 + (500 xx 5 xx 4)/100)`

`= Rs. 600`

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Irin Moni

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