A man borrowed ₹ 4000 from his friend at the rate of 12% per year for 2years. find the interest and amount paid by him?
Answers
Answered by
0
Answer:
4960
Step-by-step explanation:
480=1year
480=2nd year
960+4000=4960
Answered by
1
Answer:
Principal = Rs.4000
Rate =12%
Time period =2 years
Simple interest =PTR/100
= (4000x2x12)÷ 100
= Rs 960
Amount =Principal + Interest
= 4000+960
= Rs.4960
Step-by-step explanation:
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