Find the amoubt on rs 4000 for 2 year at 16% per annum
Answers
Answered by
8
Answer:
Amount received is Rs. 5280.
Step-by-step explanation:
Given :
Sum of money = Rs. 4000
For = 2 years
Rate = 16 %
To find :
The Amount
Solution :
- P = 4000
- R = 16
- T = 2
⇒ SI = (4000 × 16 × 2)/100
⇒ SI = (40 × 16 × 2)
⇒ SI = 640 × 2
⇒ SI = 1280
Simple Interest = Rs. 1280
⇒ Amount = 4000 + 1280
⇒ Amount = 5280
Therefore, amount received is Rs. 5280.
Answered by
3
QUESTION :
Find the amoubt on rs 4000 for 2 year at 16% per annum
SOLUTION :
Formulae Used : C . I. Formula ..
Substituting the values :
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