state gov Gujarat Police Constable Mock Test 2024 Quantitative Aptitude Interest Simple Interest

A principal of Rs. 40000 is invested at simple interest for 10 years. If the per annum rate of interest is 5 percent, then what will be the amount after 10 years?

1
Rs. 44000
2
Rs. 83000
3
Rs. 60000
4
Rs. 75000
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