4. Calculate the interest and the Amount received at the end of 4 Years on a Sum Rs 2500 at the interest rate of 4%
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Question-
Calculate the interest and the Amount received at the end of 4 Years on a Sum Rs 2500 at the interest rate of 4%
Answer-
SI = PRT/100
= ₹2500 × 4 × 4/100
= ₹2500 × 4/25
= ₹100 × 4
= ₹400
Amount = P + SI
= ₹2500 + ₹400
= ₹2900
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