Question

Find the interest and amount on a sum of ₹4000 for 3 years at the rate of 8% per annum.

₹ 950, ₹ 4500

₹960, ₹4960

₹900, ₹4490

₹960, ₹4590​

Answer 1

Principal= 4000

Time= 3 years

Rate= 8%

So, SI= 4000x3x8/100

         = 960

Amount= 4000+960

            = 4960

B) 960, 4960 IS RIGHT ANSWER