What amount will be ₹1440 in 4 years at 5% simple interest?

₹1180 ₹1080 ₹1200 ₹1240

₹1200

Simple interest of 4 years = 4 × 5% = 20% Let Sum invested = 100% ATQ, ( 100+20 )% = 1440 120% = 1440 1% = 12 Sum invested = 12 × 100 = Rs.1200