The interest earned for each option is are:
A) ₹200
B) ₹200
C) ₹210
D) ₹202.50
What is the interest earned?
Using this formula to determine the interest earned
Interest (I) = P * r
So,
A) Principal amount (P) = ₹4000, Rate of interest (r) = 5%
I = 4000 * 0.05
I = ₹200
B) Principal amount (P) = ₹5000, Rate of interest (r) = 4%
I = 5000 * 0.04
I = ₹200
C) Principal amount (P) = ₹6000, Rate of interest (r) = 3.5%
I = 6000 * 0.035
I = ₹210
D) Principal amount (P) = ₹4500, Rate of interest (r) = 4.5%
I = 4500 * 0.045
I = ₹202.50
Therefore, the interest earned for each option is as follows:
A) ₹200, B) ₹200, C) ₹210,D) ₹202.50.