Answer: C
Principal \((p) = (6000 - 5000)\) rupees
\(= 1000\) rupees
Time \((t) = 4\) years
Interest amount \((I) = 400\) rupees
\(\therefore\) Interest rate \((r) = \cfrac{100\times I}{pt}\)
\(=\cfrac{100\times 400}{1000\times 4} \%\)
\(=10\%\)
Principal \((p) = (6000 - 5000)\) rupees
\(= 1000\) rupees
Time \((t) = 4\) years
Interest amount \((I) = 400\) rupees
\(\therefore\) Interest rate \((r) = \cfrac{100\times I}{pt}\)
\(=\cfrac{100\times 400}{1000\times 4} \%\)
\(=10\%\)