Question

find the interest on rs 500 for a period of 4years at the rate of 8%pr annum .also, find the amount to b paid at the end of the period .

Answer 1

SI=

100

P∗R∗T

​

      =

100

500∗8∗4

​

       =Rs.160

Amount=500+160=Rs.660

Interest =Rs.160, Amount =Rs.660