Question

find the amount of Rs. 200 in 4 years at 5% per annum interest​

Answer 1

1 yrs interest on Rs. 200

200×5÷100

10

Therefore Rs. 10 is the interest per yrs

Hence for 4 yrs

it will be Rs. 40

Therefore the amount of Rs. 200 in 4 yrs at 5% p.a. with interest will be Rs. 240

::240