Question

A sum of ₹4000 is lent for 2 years such that rate of interest in first year is 8% and in second year is 10%.The C.I for 2 years is​

Answer 1

Answer:

after 1 st year that will be 320 rupees

then the principal will be 4000+ 320= 4320 rupees

then in CI the 10% of 4320 is 432 rupees

then the total will be 4320+432=4752 rupees and the total interest will be 320+432=752 rupees