Question

find the amount of loan of 3000 at4% per year and for 5 years

Answer 1

Answer:

3600 Rs

Step-by-step explanation:

$si = \frac{p \times r \times t}{100} = \frac{3000 \times 4 \times 5}{100}$

$si = 600$

$a = p + si$

$3000 + 600$

$3600$