find the interest on Rs1000 for a period of 4 year at the rate of 8% per annum also find the amount to be paid at the end of the period
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Answered by
6
Answer:
interest= P×R×T /100
P=1000
R= 8%
T= 4 year
1000×8×4 / 100
INTEREST= 320
Step-by-step explanation:
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Answered by
1
Answer:
principal amount =Rs 1000
time period = 4 year
rate of interest = 8%p.a
interest =P×R×T/100
=1000×4×8/100
=320
Total amount paid = principal amount + interest
= 1000 + 320= Rs 1320
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