Simple interest = (16000 * 4 * 15)/100 = Rs. 9600
Amount = P + I = 16000 + 9600 = Rs. 25600
What amount does Kiran get if he invests Rs. 16000 at 15% p.a. simple interest for four years?

  Rs. 25800
  Rs. 15600
  Rs. 21600
  Rs. 24800
  Rs. 25600