Question

Find the amount to be paid at the end of 4 years on a sum of ₹2400 at 5% rate per annum.

Answer 1

Answer:

576 RS.

Step-by-step explanation:

PRINCIPAL = Rs. 2400

TIME           = 4 YRS.

RATE           = 5%

AMOUNT    = P(1+R/100)n

                   = 2400(1+5/100)4

                   = 576 RS.

       HOPE IT HELPS.