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Find simple interest on ₹1000 at 4% per annum for 4 years.

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Question ID #22387

Find simple interest on ₹1000 at 4% per annum for 4 years.

Correct Answer: A. ₹160

Find simple interest on ₹1000 at 4% per annum for 4 years. - MCQ Explanation

This question is useful for exam preparation because it provides direct multiple-choice practice with options, answer checking and explanation.

Correct answer: A. ₹160

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