Question

A sum of Rs 4000 is lent at the rate of 6 % per annum . Find the amount.​

Answer 1

Answer:

4240

Step-by-step explanation:

Interest = Art/100

( where, A = amount,

              r = rate of interest

              t = time)

so , interest =  4000*6*1/100= 40*6 = 240

so, the total about the person has to pay after 1 year is = 4000+240 = 4240

(hope this helps)