Question

Anu borrowed rupees 5000 ,time =3 years ,rate = 4 percentage ,from Kishore as so interest Anu lent to money for compound interest find the profit for Anu.​

Answer 1

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$\bold{Explanation:}$

Amount paid at the end of 1 year = 800(1+

100

10

)

=

100

800×110

=880

Amount left as principal for the second year

=888−400=480

Amount to be paid after 2 nd year = 480(1+

100

10

)

=480(

100

110 )

=Rs528

Refer the attachment friend ↗️