Question

ANSWER THE QUESTION
SEEER​

Answer 1

Principal = Rs.8000

Time = 5 years

Rate = 4%

Simple interest = Principal × Time × Rate

100

= 8000 × 5 × 4

100

= Rs. 1600

Amount = Principal + Simple interest

= 8000 + 1600

= Rs. 9600

Amount to be paid at the end of 5 years = Rs. 9600