Question

. Find the interest on 500 for a period of 4 years at rate of 9% per annum also find the amount of to be paid at the end of the period question

Answer 1

Principal amount(p)=₹500
Time(t) =4 years
Rate(r)=9%

$si = \frac{p \times r \times t}{100}$
$si = \frac{500 \times 4 \times 9}{100}$
si=₹180
Amount=p+si
Amount=500+180
=₹680