A sum of Rs 4000 is lent at the rate of 5% per annum. Find the interest at the end of 24 months
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- Interest for 24 months = ₹ 400
- Principal = ₹ 4,000.
- Rate = 5 %.
- Time = 24 months = 2 years.
- The interest for 24 months means 2 years.
somya2563:
Nice explanation !!
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Step-by-step explanation:
A sum of Rs 4000 is lent at the rate of 5% per annum. Find the interest at the end of 24 months.
Principal = ₹4000
Time = 2year OR 24months
Rate = 5%
To Find ::-
Interest of 2years.
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