Question

Find the amount on ₹4000 for 3 years at the rate of 4¹/²% per annum. (Write the solution statement and answer. no need to show calculations)​

Answer 1

Answer:

principle - ₹4000

time- 3 years

rate 4½%

SI - PXRXT / 100

4000 X 3 X 4 X 1/ 100 X 2

40 X 3 X 2

80 X 3

240

amount = S.I. + principle

4000 + 240

4240