Question

Find the amount of Rs4000 for 3years at 5%per annum

Answer 1

4000×3×5

__________

100

40×3×5

rs. 400

Answer 2

Answer:

Rs 410.00

Step-by-step explanation:

P=Rs 4000

n=2 r = 5 %per

A=p (1 +r/100) n=4000 1+(5/100) 2

= 4000× 21/20×21/20

=Rs 4410

CI =A-P = Rs 410.00