Ms Ayesha borrowed Rs 1000 at 5% per ann...

Ms Ayesha borrowed Rs 1000 at 5% per annum simple interest. What amount (in rupees) will she pay to clear her debt after 4 years?

A

(a) 200

B

(b) 1200

C

(c) 220

D

(d) 1300

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The correct Answer is:

B

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