Question

Compound interest on 4000 at the rate of
5% per annum for 2 years is.
(a) 4000
(b) 4410
(c) 410
(d) 500
​

Answer 1

Answer:

the answer is

c which is 410

Answer 2

Answer:

Rs.410

Step-by-step explanation:

Principal=Rs.4000

rate=5%pa

Time=2yrs

Amount=P[1+r/100]^n

=4000(1+5/100)²

=4000(105/100)²

=4000×105/100×105/100

=Rs.4410

Compound Interest=Amount-Principal

=4410-4000

=Rs.410