Question

anil borrowed ₹4000 for 2 years at the rate of 4 1\2% per annum. what amount he has to pay back to clear his debt ​

Answer 1

Answer:

Total = 4360 Rs .

Step-by-step explanation:

p= 4000 Rs.

t= 2 years

r = 9/2 %

I =( p*t*r ) /100

I = (4000 * 2 * 9/2)/100

I = 40 * 9 = 360 Rs .

Total = 4000+ 360 = 4360 Rs.